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Omax Autos to close two Haryana Units

06 Jun 2019 Evaluate

Omax Autos has given notice of closure, to the concerned Authorities, under Section 24FFA of Industrial Dispute Act, 1947, of its Speedomax Unit, situated at 64 K.M. Stone, Delhi-Jaipur Highway, Village-Sidhrawali, Gurugram, Haryana, and Sprocket Unit, situated at 69 K.M. Stone, Delhi Jaipur Highway, Dharuhera, District Rewari, Haryana. Subject to necessary regulatory compliances, such Units are expected to be closed within sixty days.

Omax Autos manufactures a range of components for automobiles ranging from two-wheelers, three-wheelers, Off-Highway, passenger cars, commercial vehicles and railways.

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Company Name CMP
SamvardhanaMotherson 165.60
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Bombay Burmah Trdg. 1435.30
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