The Company has informed that Bangladesh Securities and Exchange Commission (BSEC) vide its letter dated April 01, 2014 has approved the Rights offer of Delta Spinners Limited for 91,725,600 ordinary shares of Tk. 10.00 each at par totaling Tk. 91,72,56,000.00 at a ratio of 2R:1, i.e. two Rights shares for one existing share. The approval has been accorded subject to the condition that the Company shall comply with the requirements embodied in the Securities and Exchange Commission (Rights Issue) Rules, 2006 and other relevant laws and Regulatory Requirements, and shall also adhere to the conditions imposed by BSEC under Section-2CC of the Securities and Exchange Ordinance, 1969. (cont.)