Polyspin Exports Limited informed that the Company have decided to temporarily stop the production of Assembly Section of FIBC Division on July 23, 2022. The Company have also decided to stop the entire production of FIBC Division and Textile Division namely PEL Textiles (A division of Polyspin Exports Limited) for one day i.e . on July 24, 2022 due to low order book position of the Company.

Accordingly, there will be a small impact on the production schedule and financials of the Company in the near future until the position improves. However, the normal production will be resumed on July 25, 2022.