PBM Polytex informs about company updates

18 Jul 2016 Evaluate

With reference to the earlier letter dated May 17, 2016, PBM Polytex has now informed that arrangements have been made for some new workers, apprentices and few regular workers at Petlad unit. As a result there is 20% - 30% production in the mills but the same is erratic. The management is so far not sure of further improvement in the situation and continuity of production in future.

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

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