RN Spinning fails to pay dividends for 2nd consecutive year
RN Spinning Mills, which manufactures acrylic, cotton and synthetic yarn, was listed on the stock exchange in 2010. It raised Tk30 crore by issuing 30 lakh shares through an Initial Public Offering. After failure to pay dividends, the company was downgraded to CategoryZ in 2019. RN Spinning was established in 2004 as a backward linkage company ...