The Company has informed that Lt. Col. Mahtab Uddin Ahmed, the ex Sponsor Director of the Company passed away on July 14, 2016. His total 1,02,000 shares will be transmitted to his successor Muhtasim Ahmed (son) (for himself and on behalf of shares of Khurshid Jahan Momtaj Banu, Ishrat Mahjabin, Iffat Mehrubin, Monzur Ahmed (wife, daughters and son of late Lt. Col. Mahtab Uddin Ahmed respectively)); within April 30, 2017.