Corporate DisclosureRSRMSTEEL

RSRMSTEEL Corporate Disclosure — 28 November 2021

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Last verified by BullBD

Announcement summary

What happened
RSRMSTEEL published a corporate disclosure on 28 November 2021. Read the full announcement for details.
Company
Ratanpur Steel Re-Rolling Mills Limited
Announcement published

Original announcement

(Continuation news of RSRMSTEEL): 5. Going Concern: As discussed in note no. 14 to the financial statements, the Company has outstanding loan of BDT 949,958,730. The company has not paid the loan amount when it becomes due. The company could not arrange any fund to repay the due amount within the prescribed time. The amount of gross loss for this year is BDT 190,352,234 which results from the excessive costs of production and (cont.4)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
61a301cd03147376ea25cf19
Original publication
Last verified by BullBD
Translation
BullBD
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