The board of directors of Delta Spinning has recommended 10 percent cash dividend for the year 2007-2008.
The AGM of the company will be held on the factory premises of the company at Kaltapara, Gouripur, Mymensingh at 11:30am on December 28, '08.
The book-closure of the company will be ranged between December 14, '08 and December 28, '08.
There will be no price limit on the trading of the shares of the company Sunday (November 2) following its corporate declaration.
Meanwhile, the authorities of the company have stated that the company has received a loan sanction of Tk 79 million from Southeast Bank Limited for expansion of its capacity by additional 9,600 spindles as against its existing capacity of 57,960 spindles and replacement of some of its older machinery at a total cost of Tk 138.20 million.
The authorities have also stated that the company has made a net profit of Tk 32.74 million as of June 30, '08.
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