Orbit Exports permanently shuts down factory at Jalgaon

18 Oct 2014 Evaluate

Orbit Exports has permanently closed down one of its factory situated at Plot No G-99, Additional MIDC, Jalgaon in state of Maharashtra with effect from October 17, 2014. All the manufacturing activities and operations in the said factory have been permanently and irrevocably closed down.

Besides, the services of all workmen have been terminated on account of said closure as the manufacturing operations in the plant has become totally unviable and the technology on which the plant was set up has been rendered obsolete and its up-gradation has become unviable.

Orbit Exports, a company registered under the Indian Companies Act, 1956, is a government recognized Star Export House engaged in the manufacture and export of fancy fabrics.

Orbit Exports Share Price

139.00 -1.35 (-0.96%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
PDS 475.00
Vardhman Textiles 445.00
Arvind 269.20
Welspun Living 137.65
Alok Inds 25.75
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.