Mr. Kutubuddin Ahmed and Mrs. Rashida Ahmed, both are Sponsors and Directors of the Company, have expressed their intention to transfer 23,49,500 shares and 7,83,000 shares out of their total holding of 57,79, 952 shares and 39,15,377 shares respectively of the Company to their daughter Ms. Sumayyah Ahmed, by way of gift outside the trading system of the Exchange within April 30, 2017.