The Dhaka Stock Exchange (DSE) has found the factory of listed company Active Fine Chemicals Ltd. closed during a recent on-site inspection, according to DSE sources.

An inspection team visited the company’s manufacturing facility on June 25 and found that production had come to a complete halt. Officials reported that no regular manufacturing or operational activities were taking place at the plant during the visit.

The company has yet to issue an official statement explaining the reason for the suspension of production.

Active Fine Chemicals, which was listed on the stock exchange in 2010, has a paid-up capital of Tk 239.94 crore. General investors hold 87.96% of the company’s shares, excluding those owned by sponsors and directors, making the production shutdown a matter of concern for a large number of shareholders.

As of June 28, the company’s shares were trading at Tk 7.20.

DSE sources said the exchange is expected to seek a formal explanation from the company regarding the closure and may take appropriate regulatory action based on its findings.

Market analysts said a prolonged suspension of production could negatively impact the company’s financial performance and erode investor confidence in its shares.