Pursuant to the provisions of Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, AlA Engineering has informed that its subsidiary Company, Welcast Steels (WSL), has decided to permanently close its Grinding Media manufacturing facility at its plant located at Plot No.15, Phase-1, Peenya Industrial Area, Bengaluru-560058. WSL being a Company listed on the stock exchange has already given the required disclosure to the stock exchange. There will be no adverse effect of the above closure by WSL, as the Company has enough surplus capacity to meet its requirement. The information is issued to the members of the Stock Exchanges and in the interest of the public at large.
The above information is a part of company’s filings submitted to BSE.
Company Name | CMP |
---|---|
Electrost Castings | 170.15 |
AIA Engineering | 3786.95 |
Kirloskar Ferrous | 562.55 |
Nelcast | 151.75 |
Alicon Castalloy | 849.00 |
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