The proceeds from the warrant issue are expected to reinforce the company’s balance sheet, improve financial flexibility and support planned expansion initiatives, while enhancing long-term value for stakeholders.
Business News
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In his new role, Poddar will oversee brand marketing, communications, content, digital marketing, community building and consumer experience across the group’s brands, including Rare Rabbit, Rareism, RARE ONES and Rare’z
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The capital would be deployed to accelerate offline retail expansion, diversify the product portfolio and strengthen the leadership team as the business prepares to scale.
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In light of the government’s assurances and the constructive progress made during discussions, and taking into account the broader national context, the BTMA has decided to temporarily suspend its earlier decision to shut down all textile mills from 1st February 2026.
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The growth was driven primarily by the Textile and Related Products segment and the Consumer Durables segment, with the institutional business catering to B2B and public sector clients also making a meaningful contribution.
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Chief Adviser’s Press Secretary Shafiqul Alam said the country’s export performance depended significantly on how effectively import policies were designed to support export-oriented activities.
