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Ion Exchange

25th-May-2020 17:43Source: BSE

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

This is with reference to Regulation 30 and Schedule III of SEBI (Listing obligations and Disclosure Requirements) Regulations, 2015 and SEBI Circular No. SEBI/HO/CFD/CMDl/CIR/P/2020/84 dated May 20, 2020, we would like to inform you that the company has partially resumed its operations at its manufacturing units located in Ankleshwar, Patancheru, Hosur, and Goa based on permissions received from the respective local Government administration.

Our industrial Services activity (Operation and Maintenance) is continuing at the locations wherever the customer units are in operation and customers have arranged for such permissions from local Government administration.

We have received recently the necessary permissions from the Sri Lanka Govt also to resume our civil activities for our major project being executed in Sri Lanka.

Our loan repayment, interest servicing and other financial commitments to banks and financial institutions are being made as per schedule