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S&P
BSE SENSEX
72,012.05
-736.37
-1.01 %
Corporate Announcement
Security Code
505726
Company
IFB INDUSTRIES LTD.
Exchange Received Time
24/05/2020 22:00:45
Exchange Disseminated Time
24/05/2020 22:00:56
Time Taken
00:00:11
Disclosure Under Regulation 30(4) Of The SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. |
5/24/2020 10:00:50 PM
In furtherance to our letter dated March 23, 2020, wherein the Company had informed of the disruption of operations on account of the COVID -19 pandemic, now we wish to inform you that the present position of different factories is as under:
Home Appliances Division
We have not started producing our washing machine plant at Goa as we have enough finished stock. Dryer line will be operated as stock is low.
AC plant commenced operation. All import of AC finished goods stopped. All our branch offices for Appliances opened & sales are picking up.
Fine Blanking Division
Both Kolkata & Bangalore factories are running as per Government notification. However, order from customers are very low and we will be selling from finished goods stock and converting raw material stock into finished goods and selling as and when order comes thus negligible procurement of raw material etc. for a while.
Motor
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