RINGSHINE: Regarding Board Decision on Factory's Partial Layoff

The company has informed that the Board of Directors of the company at its Board Meeting convened on 14 October 2026, has duly passed a resolution to temporarily lay off the plant and factory operations of the Fabric and Hang Dyeing Division for an initial, definitive period of 15 (fifteen) days as per the EPZ Labour Law 2019, supported by the subsequent Bangladesh EPZ Labour Rules 2022, effective from 17 October 2026 onward. (cont.1)