Corporate DisclosureRSRMSTEEL
RSRMSTEEL Corporate Disclosure — 13 August 2015
Announcement summary
- What happened
- RSRMSTEEL published a corporate disclosure on 13 August 2015. Read the full announcement for details.
- Company
- Ratanpur Steel Re-Rolling Mills Limited
- Announcement published
Original announcement
The Company has informed that the Board of Directors has decided to purchase machineries for increasing the production capacity to 3,57,200 metric ton per annum to meet the demand for RSRM X POWER TMT 500W re-bars. Agreement with suppliers will be signed on August 17, 2015 for supplying and commissioning of the machineries. The approximate cost to complete the modernization scheme will be Tk. 90.00 Crore and the modernization work is expected to be completed by December, 2016.
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616acf4d5a6b000040063d68
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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