Srinivasa Hatcheries: Updates on closure on units

Srinivasa Hatcheries Ltd has informed BSE that the management has decided to close the Company's Hatchery at Mindivanipalem village and the Hatchery and Farm at Aganampudi Village as these units were completely destroyed due the Hudhud Cyclone in October 2014 in Andhra Pradesh with all sheds at these locations collapsing and also destroying livestock housed in them, resulting in huge loss to the Company. There has been no production at these units since the cyclone and there is no scope for reviving the units and operations in the units will no longer be economically viable.Source : BSE

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