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BSE SENSEX
73,730.16
-609.28
-0.82 %
Corporate Announcement
Security Code
532966
Company
Titagarh Rail Systems Ltd
Exchange Received Time
05/05/2020 18:15:00
Exchange Disseminated Time
05/05/2020 18:15:06
Time Taken
00:00:06
Announcement under Regulation 30 (LODR)-Strikes /Lockouts / Disturbances |
05/05/20 18:15
We refer to our letters dated 16th March, 2020, 23rd March, 2020 and 3rd April, 2020 submitted to your office intimating that the operations of the Company's subsidiary: Titagarh Firema SpA, Italy, ('TFA') and of the Company respectively were temporarily suspended due to the lockdown imposed by the Governments concerned as part of pre-emptive measures to combat COVID-19.
We now write to inform you that the partial operations of TFA have resumed on 4th May, 2020 in accordance with the relaxation-directives issued by the Government of Italy, with all necessary precautionary measures to ensure health and safety of the employees and other stakeholders as permitted by the advisory of the said government.
Further, the operations of the Company in India have also started on a partial basis as per the Government guidelines while a few employees working from home since the above mentioned temporary suspension of operations are continuing to do so.
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