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S&P
BSE SENSEX
73,088.33
+599.34
+0.83 %
Corporate Announcement
Security Code
541301
Company
Orient Electric Ltd
Exchange Received Time
21/05/2020 19:18:05
Exchange Disseminated Time
21/05/2020 19:18:09
Time Taken
00:00:04
Announcement under Regulation 30 (LODR)-Strikes /Lockouts / Disturbances |
5/21/2020 7:18:06 PM
Pursuant to Reg 30 of LODR, we further wish to update that Company has resumed its operations in both the Plants located at Noida in compliance with the directives issued and permissions granted by State Government(s) Authorities. The operations are being commenced in strict compliance of safety, hygiene, sanitization, social distancing norms & limited manpower.
Company will be carefully monitoring & assessing the situation at all its locations & shall take necessary decisions on continuing the operations from all or any of its locations in compliance with the guidelines & instructions issued/to be issued by the Central/State Government(s) from time to time.
Further pursuant to SEBI circular no. SEBI/HO/CFD/CMD1/CIR/P/2020/84 dated May 20, 2020, the Company is assessing the impact of COVID-19 pandemic on the business operations of the Company & if there would be any material financial implications after such assessment, the same would be disclosed to the stock exchanges in due course.
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