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| Exchange Received Time 29/05/2018 16:26:41 Exchange Disseminated Time 29/05/2018 16:26:46 Time Taken 00:00:05 |
Pursuant to the provisions of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Company has decided to close manufacturing activities at its units situated at No.26/8, Perumal Kovil Street, Thirubuvanai, Puducherry and at Bagalur, District Hosur, Tamilnadu, w.e.f 31st May, 2018.
The manufacturing activities of the above units will be closed after completion of necessary formalities and machinery either relocated to company's existing facilities or disposed off. It is pertinent to mention here that the said units comprise of insignificant portion of operations of the Company and the said closure does not have any material and adverse effect on operations of the Company.
This is for your information and record please.
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