Corporate DisclosureBSRMSTEEL
BSRMSTEEL Corporate Disclosure — 24 October 2021
Announcement summary
- What happened
- BSRMSTEEL published a corporate disclosure on 24 October 2021. Read the full announcement for details.
- Company
- BSRM Steels Limited
- Announcement published
Original announcement
(Cont. BSRMSTEEL): The board has approved revised capital investment of BDT 1,850 Crore against previous PSI dated October 15,2020 for BDT 700 crore for setting up of new bar and wire rolling and expansion of melting unit to enhance capacity of rolling by 6.00 lac M.ton per annum and melting 2.5 lac M.Ton per annum to cater the growing market demand for quality steel products. The expansion will be financed by own as well as Debt fund and expected to be ready for operation by the end of 2023. (End)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 6174d98803147376ea7e4ebb
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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