Standard Ceramic Industries Limited has informed that the Board of Directors of the Company has decided to take bank loan a sum of BDT 150.0 million as additional working capital loan to solve working capital crisis. The company further informed that they needed to take the loan due to; i) In 2019-20, their Glost Kiln was re-built and factory was partially laid off for 3 months ii) Due to COVID-2019 industry was closed down for 3 months.
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