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Simbhaoli Sugar

26th-May-2020 10:00Source: BSE

Simbhaoli Sugars - Disclosure Of Material Impact Of COVID-19

We hereby submit that Simbhaoli Sugars Limited is engaged in the manufacturing and production of Essential Commodities,while operations fall under the category of ''''Essential Activities''''issued by the GOI. As a result,there was little to no disruption of Operations of the units/divisions of the Co.The activities at the Co''s manufacturing units are being carried out in normal course with adoption of safety,security and other measures.In addition,the Co. has started manufacturing Hand Sanitizers in its Distilleries during this period,as permitted by the GOI.The sale and movement of our finished products was affected for a short period of time initially due to lockdown-related logistical issues across the country,but things are steadily resuming to normal for the Company.The Co. has not yet quantified any separate impact of COVID at this stage.The Co''s personnel at the Corporate Office have been working from home,with usage of appropriate online technology.