Legacy Footwear to raise paid-up capital to Tk 30 crore

Legacy Footwear Ltd has decided to raise its paid-up capital to Tk 30 crore from Tk 130.80 crore now.
Paid-up capital is the amount of money a company has received from shareholders in exchange for shares of stock.
The footwear manufacturer has informed that the board of directors has decided to raise the paid-up capital through the issuance of 3 crore ordinary shares of Tk 10 each to the existing directors other than existing shareholders against cash consideration, according to a filing on the Dhaka Stock Exchange today.
The move is subject to the approval of the Bangladesh Securities and Exchange Commission.
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