Mozaffar Hossain Spinning Mills Limited has informed that the Board of Directors of the Company has finalized to go with a 2nd phase expansion with 10,200 spindles based ring spinning unit. They also finalized a captive power capacity 2.00 MW. Total Investment requirement for the expansion with captive power will be BDT 900.0 Million (Approx.) where 700.00 Million will be financed by Bank Loan and balance will be provided from reserve and profit.