MoneyWorks4Me

Arora Fibres informs about business updates

07 Oct 2015 Evaluate

With reference to the earlier letter dated August 20, 2015, Arora Fibres has now informed 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.

The above information is a part of company’s filings submitted to BSE.

Peers