Paramount Textile to invest $4.15 million to enhance weaving capacity

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Paramount Textile to invest Tk35cr for capacity expansion

Paramount Textile to invest $4.15 million to enhance weaving capacity

Paramount Textile has decided to invest an amount of $4.15 million for enhancing existing weaving capacity.

It will also utilise the fund to enhance other auxiliary capacities through importing few capital machineries.

The fund will be arranged by taking foreign currency long-term loan from Pubali Bank Ltd. The decision was taken in a board meeting held yesterday.

Stocks of Paramount Textiles dropped 1 per cent to Tk 83.60 today from the previous day.

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