The Company has informed that the Board of Directors has approved the proposal for BMRE of the existing project and installing a new plant at Bhaluka, Mymenshingh of the company along with land & factory building, civil constructions & others, Machinery and Equipments at an estimated total investment of Tk. 213.19 crores. The existing production capacity of the company is 35,000 Kgs. yarn per day i.e. 12,600,000 Kgs. yarn per annum with 63,624 Spindles. (cont.)