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| Exchange Received Time 10/07/2017 15:35:51 Exchange Disseminated Time 10/07/2017 15:35:59 Time Taken 00:00:08 | This is regarding the clarification of news heading 'Transfer of Bedmutha Industries Limited from Nashik' published on 8th July 2017 and 9th July, 2017 Marathi edition of 'Maharashtra Times'.
The Company has already intimated to the Stock Exchanges that it has stopped the production at Plant I, due to risky shed. Further, the Company has discontinued the operation at Plant III and IV for reducing the fixed cost and for improving the bottom line.
Till date the Company has not decided to transfer any Plant to Naradana, Dhule. The Company will inform the Exchanges regarding any change in the decisions of the management.
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