Renata to issue Tk325cr preference shares

Drug producer Renata Miniature has made up our minds to location desire shares rate Tk325 crore to repay the recent high-value loans.

Per the firm’s assertion on the inventory alternate, the proposed desire shares will doubtless be non-cumulative, non-participative, redeemable or fully convertible.

To stable the shareholders’ approval, the firm will conduct a same outdated classic meeting scheduled for 12 January.

The myth date for the meeting is 12 December.