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    HomeNewsBusinessAnnouncementsAnkit Metal temporarily suspends work at West Bengal factory

    Ankit Metal temporarily suspends work at West Bengal factory

    Ankit Metal & Power's factory at Jorehira, Chattna, Bankura, West Bengal is under temporary suspension of work till further notice.

    February 25, 2016 / 15:58 IST
       
       
      26 Aug, 2025 12:21
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      Ankit Metal & Power Ltd has informed BSE that the Company's Factory at Jorehira, Chattna, Bankura, West Bengal is under temporary suspension of work till further notice. The Suspension of work is mainly on account of the following reasons:1. Depressed domestic and global market conditions in Steel Industry causing huge & unbearable losses to the Company;2. Exhaustion of water supply sources. Water is a critical element in Steel Industry;3. Excess manpower causing high operating costs.Source : BSE

      Read all announcements in Ankit Metal

      first published: Feb 25, 2016 03:58 pm

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