The Company has informed that their Board of Directors has resolved to approve the decision of the Board of Directors of Barak Patenga Power Limited, being 51% subsidiary of Baraka Power Limited, to increase its paid up capital from Tk. 94.50 crore to Tk. 120.00 crore, to be raised through IPO by issuing 2,55,00,000 ordinary shares under Fixed Price Method subject to consent of the Regulatory Authorities. (cont. 1)