Alhaj Textile Mills Limited announced that with reference to their earlier news disseminated by DSE on 22.09.2019 regarding Extension of Lay off period of the Factory, the Company has further informed that due to non-improvement of market situation of yarn sale, management has taken decision for closure of the mill and retrenched the staff and workers of the mill with effect from October 08, 2019 as per Bangladesh Labour Law section 16(7) & 20(2) (KA). They also informed that the mill will re-open subject to improvement of the market situation.