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Birla Corporation Ltd.

BSE: 500335 Sector: Industrials
NSE: BIRLACORPN ISIN Code: INE340A01012
BSE 00:00 | 24 Apr 2020 Birla Corporation Ltd
NSE 05:30 | 01 Jan 1970 Birla Corporation Ltd

Announcement under Regulation 30 (LODR)-Strikes /Lockouts / Disturbances

March 22, 2020, 9:18 pm | Source: BSE

Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 this is to inform you that in order to comply with the direction of the Rajasthan Government and West Bengal Government and to provide health and safety to employees and workers of the Company against the risk of
Coronavirus (COVID-19) the Cement manufacturing units including the power plants of the Company located at Chanderia has been temporarily shut down w.e.f. 22nd March 2020 till 31st March2020 and Cement manufacturing units located at Durgapur will be temporarily shut down w.e.f. 23rd March2020 (from 4.00 p.m.) till 27th March2020. All operations at these locations will remain suspended during this period. Also due to lockdown in Rajasthan West Bengal Delhi Maharashtra Punjab and various districts in Uttar Pradesh sales of the Company are expected to be affected.
The expected financial impact of the above is not ascertainable at this stage.