Reliance Cotton Spinning Mills Ltd. (RCSML) ne apne investors ko aik bari development se agah kiya hai. Company ne 360,000 securities issue ki hain jo ke Amer Cotton Mills (Pvt.) Ltd. (ACML) ke shares ke badle mein di gayi hain. Yeh securities 0.09 shares of RCSML har aik ACML ke share ke badle mein diye gaye hain, jo merger entitlement ke mutabiq tha.
Is merger se Reliance Cotton Spinning Mills Ltd. ki paid-up capital ab 10,652,000 shares tak pohanch gayi hai, jo company ki financial position ko mazboot banata hai. Yeh development company ke liye aik nayi growth aur market expansion ki opportunities create karega.
Merger ke zariye, RCSML apni market share ko barhane aur operational efficiency ko improve karne ka plan kar raha hai. Is merger ke zariye company ko naye resources aur growth prospects milenge jo unki future planning ko boost karenge.
Investors aur stakeholders ko is development ke baare mein formally update diya gaya hai, jo unko company ke future growth aur expansion ke raaste dikhata hai.
