Corporate DisclosureJUTESPINN
JUTESPINN Corporate Disclosure — 16 November 2021
Announcement summary
- What happened
- JUTESPINN published a corporate disclosure on 16 November 2021. Read the full announcement for details.
- Company
- Jute Spinners Ltd.
- Announcement published
Original announcement
(Continuation news of JUTESPINN): It also appears that the Company has not distributed or utilized the Workers' Profit Participation Fund Tk. 13,744,387 of WPPF for a long period of time violating the Section 242 of the Bangladesh Labour Act, 2006 as amended 2013. b) The company did not form any Gratuity Fund (GF) and Provident Fund (PF) during the year or made any provision for the year. This is also non-compliance of the Bangladesh Labor Act, (cont.17)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 61937ce903147376eacac5b2
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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