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Polygenta Tech
BSE: 514486NSE: ISIN: INE441D01020

13th-Sep-2019 19:33Source: BSE

Polygenta Technologies - Expansion Of Production Capacity -Temporary Stoppage Of Operations

This is to inform you that:

(1) The Company is setting up a Plant for production of Fully Drawn Yarn (FDY). The said FDY Plant is expected to start commercial production from Nov19. Once the Plant is operational, the Production Capacity of Polygenta will increase by approximately 25%.

(2) For the purpose of uninterrupted erection and commissioning of the FDY Plant, the Company will temporarily stop the integrated operations of all units on 15 September 2019, which are expected to resume by middle of October 2019.

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