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Last Updated : Oct 07, 2015 02:35 PM IST | Source: Moneycontrol.com

Arora Fibres closes its manufacturing facility at Silvassa

Arora Fibres has informed that due to continuation of unprecedented bad market conditions it has closed its manufacturing facility at Silvassa. The Company has terminated the services of its employees at the Factory. If the market conditions improve the Company may resume its operations and the Company will intimate the Stock Exchange immediately.

 
 
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With reference to the earlier letter dated August 20, 2015, Arora Fibres Ltd has now informed BSE that due to continuation of unprecedented bad market conditions the Company has closed its manufacturing facility at Silvassa. The Company has terminated the services of its employees at the Factory. If the market conditions improve the Company may resume its operations and the Company will intimate the Stock Exchange immediately.Source : BSE

Read all announcements in Arora Fibres



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First Published on Oct 7, 2015 02:35 pm
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