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Seshasayee Paper & Boards Ltd.

BSE: 502450 Sector: Industrials
BSE 00:00 | 24 Apr 2020 Seshasayee Paper & Boards Ltd
NSE 05:30 | 01 Jan 1970 Seshasayee Paper & Boards Ltd

Disclosure Of Events Under Regulation 30 Of SEBI (LODR) Regulations 2015 - Disruption Of Operations.

April 15, 2020, 4:43 pm | Source: BSE

We had intimated you that both the units of the Company (Units in Erode & Tirunelveli) had closed from midnight of March 24 2020 in response to the measures to curb the spread of Covid-19 Virus.

On April 10 2020 the Collector of Namakkal District has given permission to the Company to recommence its operations in Unit : Erode with skeletal staff following all precautions in every shift and by ensuring full hygenic care and protection of the employees. Accordingly the company had recommenced its operations in its Unit : Erode on April 13 2020. The Company expects the production ramp-up to be slow until May 3 2020 considering the extension of the ongoing nation-wide lockdown.

The Company has given a similar representation to the Collector of Tirunelveli District to re-commence its operations in Unit : Tirunelveli and is awaiting the orders of the Collector.

The Registered Office of the Company is also now open from April 13 2020.