Mrs. Hasina Iqbal, one of the Sponsors of the Company, has expressed her intention to transfer 52,00,062 shares out of her total holding of 55,72,080 shares of the Company to her father Mr. Khalilur Rahman, one of the Sponsors Directors of the Company, by way of gift outside the trading system of the Exchange within 30 working days from the date of issuance of approval letter by CSE.