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Elgi Equipments submits disclosures on material impact of covid-19 pandemic

01 Jun 2020 Evaluate

Elgi Equipments has informed that the Company had earlier notified the fact of closure the Company’s factories owing to Covid 19 Central & Tamil Nadu State Government’s directives from 24th March, 2020 till further notice, and thereafter on 11th May, 2020 intimated about resumption of operations in the factories on a staggered basis, based on the eligibility guidelines issued by the Industries Department, Government of Tamil Nadu. Pursuant to Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. SEBI/HO/CFD/CMD1/CIR/P/2020/84 dated May 20, 2020, the Company enclosed herewith in Annexure - A, containing further disclosures on the material impact of CoVID-19 pandemic on the operations and performance of the Company.

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

 

Peers
Company Name CMP
Kirloskar Brothers 1772.00
Elgi Equipments 602.95
Shakti Pumps (India) 466.85
KSB 817.95
Oswal Pumps 275.15
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