Premier Polyfilm has informed about the Board of Directors of the Company has decided to shift Unit Number I of the Company from 40/1A, Site IV Industrial Area, Sahibabad to Unit Number II of the Company at Sikandrabad, District Bullandshahr (UP) in a phased manner. This move has become necessary to align and synchronise Plant & Machinery at Sikandrabad with Plant & Machinery already installed at Sikandrabad at Unit number II for improving the quality of products and for increasing production capacity of combined plants at one place. This will also eliminate bottlenecks in production as some of the items of production can be finished at the combined plant & machinery which otherwise was a limiting factor. However, every effort would be made to ensure for minimal loss of production during shifting of Plant & Machinery.
The above information is a part of company’s filings submitted to BSE.
