Bengal Windsor Thermoplastics Limited (DSE:BENGALWTL) agreed to acquire an additional 19.94% stake in Bengal Petrochem and Synthetic Textiles Limited for BDT 21.9 million in cash on December 6, 2015. Bengal Windsor Thermoplastics will acquire an additional 0.18 million shares of Bengal Petrochem for BDT 121.96 per share. Pursuant to the transaction, Bengal Windsor will increase the stake in Bengal Petrochem to 99.94%. The Board of Directors of Bengal Windsor Thermoplastics approved the transaction. High Court Division of the Supreme Court of Bangladesh approved the transaction on December 12, 2016. Bengal Windsor Thermoplastics Limited (DSE:BENGALWTL) completed the acquisition of an additional 19.94% stake in Bengal Petrochem and Synthetic Textiles Limited on January 10, 2017.