Corporate DisclosureAPOLOISPAT

APOLOISPAT Corporate Disclosure — 17 August 2023

Published
Last verified by BullBD

Announcement summary

What happened
APOLOISPAT published a corporate disclosure on 17 August 2023. Read the full announcement for details.
Company
Appollo Ispat Complex Limited
Announcement published

Original announcement

The company has informed, among others, that their factory is out of production for the last two years. The company has also informed that they have huge financial burden, which is approximately BDT 900 crore (including penal interest) and other outside liabilities of BDT 200 crore.

বাংলা অনুবাদ — BullBD

This is a BullBD translation of the published corporate disclosure.

প্রতিষ্ঠানটি জানিয়েছে, তাদের কারখানায় গত দুই বছর ধরে উৎপাদন বন্ধ রয়েছে। সংস্থাটি আরও জানিয়েছে যে তাদের বিশাল আর্থিক বোঝা রয়েছে, যা প্রায় 900 কোটি টাকা (দণ্ডনীয় সুদ সহ) এবং 200 কোটি টাকার বাইরের দায়।

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
64dd97f9a7ae9d76454ad5e9
Original publication
Last verified by BullBD
Translation
BullBD
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Financial information is provided for general reference only and may be revised by the company. BullBD is not the official DSE website. Not investment advice.