The original file is kept in the office. This is the text saved from it.
1 page
100%
Date: 1st November 2025
The Managing DirectorBengal IRIS TAKUMI Ltd.Lot No. D1, Bangladesh Special Economic Zone,
Sonpara, Panchrukhi Via Rupganj Araihazar
Narayanganj, Bangladesh.
Subject: Approval of Long-Term Loan to Bengal IRIS TAKUMI Ltd.
Dear Sir,
We are pleased to inform you that the Board of Directors of IRIS Company Ltd., Japan, in its meeting held on 15th October 2025 has approved the provision of a long-term foreign currency loan to its subsidiary Bengal IRIS TAKUMI Ltd., Bangladesh.
Purpose of the Loan is to support factory construction, equipment purchase, technology transfer, and infrastructure, utilities, and capital expenditure necessary for starting operation. Loan Amount is USD 3,000,000.00 The interest rate is 3% per annum, the Tenure will be 10 Years and Grace Period is 2 Years (2026–2027).
We trust this financial support will contribute significantly to the successful establishment and operation of Bengal IRIS TAKUMI Ltd. in Bangladesh.
Please proceed with the necessary formalities to obtain Bangladesh Bank’s approval for this foreign loan and to execute the Long-Term Loan Agreement accordingly.
Yours faithfully,
√
_________
Yo OsumiFor and on behalf ofIRIS COMPANY LTD.