Pursuant to Novel Coronavirus (COVID-19) which has affected most part of the World and have placed the world at a challenging situation which has resulted into Complete Lock down of the Business Activities, MSP Steel & Power has informed that this present scenario has affected the Company's operation and caused disruption in the business. As per the outbreak of COVID-19 Pandemic in India and considering the nationwide Lockdown for the period of 21days starting from 25th March, 2020 enforced by the Government of India to prevent the spreading of the COVID-19 Virus, the company also informed that that as a responsible corporate of India and further in order to ensure the safety and well-being of all stakeholders, the Company had decided that the Registered Office of the Company along with its Plant located in Raighar would temporarily remain shut down. Further, the Company has already implemented Work from Home policy for its employees so as to facilitate functioning of certain business functions.
The above information is a part of company's filings submitted to BSE.
