Balmer Lawrie gets nod for closure of industrial packaging unit at Kolkata

13 Nov 2019 Evaluate

Balmer Lawrie & Company has received approval for the Closure of Industrial Packaging-Kolkata unit & Technology and Product Development centre-Kolkata on account of unit incurring substantial losses since the last several years and all attempts to revive the Plant are proved futile. The Board of Directors of the Company at its meeting held on November 11, 2019 has approved the same.

Balmer Lawrie & Company is a multi-activity, multi-technology, multi-location conglomerate with global footprints having diverse interests in manufacturing and services sector viz, Industrial Packaging, Grease & Lubricants, Leather Chemicals, Tea, Travel & Tours, Logistics Infrastructure & Services and Refinery & Oilfield Services.

Balmer Lawrie & Co Share Price

238.75 1.80 (0.76%)
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