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| Exchange Received Time 09/01/2018 12:12:28 Exchange Disseminated Time 09/01/2018 12:12:39 Time Taken 00:00:11 | This is to bring to your kind notice that the Company has permanently closed its manufacturing activities at one of its plant situated at Daulatabad Road, Gurgaon-122 001, Haryana, w.e.f. today i.e. 9th of January, 2018 due to unavoidable circumstances.
The manufacturing activities at the above plant have been closed after completion of necessary formalities in accordance with the provisions of Section 25FFA read with Section 25F of the Industrial Disputes Act, 1947.
The entire workforce affected by this closure have been paid appropriate compensation payable as per Industrial Disputes Act, 1947 along with all other statutory dues.
The total production of Gurgaon unit has already been shifted to Keshwana (Rajasthan) unit. This closure does not have any adverse effect on operations of the Company as the manufacturing operations shall take place at its manufacturing unit situated in Industrial Area, Keshwana Rajput-303 108, Kotputli, Dist-Jaipur (Rajasthan).
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