The Exchange had sought clarification from Cimmco with respect to news appearing on ET NOW on April 21, 2015 titled ‘Titagarh wagons & Cimmco got license for manufacturing Defence equipment, Titagarh Wagons to start manufacturing of defence equipments in december at Cimmco Unit’. Cimmco replied stating that they are pleased to inform you that the Company has received an Industrial License from Ministry of Commerce & Industry, Department of Industrial Policy & Promotion, Govt. of India, New Delhi vide DIL: 17(2015) dated April 17, 2015 for the manufacture of various items for defence and plans to take all steps for the purpose expeditiously subject to such other formalities/compliances as may be applicable in this respect.
The above information is a part of company’s filings submitted to BSE.
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