The Company has informed that they have decided to change of registered name of the company to paramount Textile PLC from Paramount Textile Limited. Increase of Authorized Capital: To change the relevant clauses of Memorandum and Articles of Association of the company in order to increase the Authorized capital of the company from Taka 2,000,000,000 (Two Hundred crore) to Taka 5,000,000,000 (Five Hundred crore) divided in 500,000,000 (Fifty crore) ordinary shares of Taka 10 each (Cont.)