BSEC has given consent under the provisions of the Securities and Exchange Commission (Issue of Capital) Rules, 2001, for raising the paid up capital of Salek Textile Limited (transferee) from Tk. 40,00,00,000.00 to Tk. 48,26,08,700.00 through issuance of 8,26,087 ordinary shares of Tk. 100 each totaling Tk. 8,26,08,700 to the shareholders of Titas Spinning & Denim Co. Limited (transferor) in course of Amalgamation at a ratio of 1:4.6 (1 share of STL against 4.6 shares of TSDL). Salek Textile Limited and Titas Spinning & Denim Co. Limited, both are subsidiaries of Malek Spinning Mills Ltd.