B Mirror Report: Ring Shine Textiles Ltd, a listed textile company, will temporarily suspend operations at its Fabric and Hang Dyeing units for 15 days from October 17.
The decision was taken at a board meeting on Wednesday due to maintenance issues, concerns over product quality and the need to improve production capacity, according to disclosures published on the Dhaka and Chittagong stock exchanges on Thursday.
The temporary shutdown will be implemented under the Bangladesh EPZ Labour Act, 2019, and Bangladesh EPZ Labour Rules, 2022. The company said management is closely monitoring the situation and will notify regulators if the suspension is extended or significant changes occur.
Listed in 2019, the company falls under the ‘Z’ category and has paid-up capital of Tk 500.31 crore.
As of September 30, 2026, sponsors and directors held 36.46% of its shares, institutional investors 2.77%, foreign investors 0.01% and general investors 60.76%.
