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Elecon Engineering to temporary close down, shift operations of MHE Division to other plants in Gujarat

16 Oct 2020 Evaluate

Elecon Engineering has decided to temporary close down some operations and to shift operations of MHE Division to other plants located at Vallabh Vidyanagar in State of Gujarat from October 15, 2020 for a month or further period, due to COVID impacts in the MHE Division of the Company. The Company has already adopted Work from Home policy to minimize the risk and spread of COVID-19. The Company is closely monitoring the situation and will take all necessary measures as directed by the Respective government authorities in this respect. The impact of the close down/ shifting of some operations of MHE Division cannot be assessed at this point of time.

Elecon Engineering Company is engaged in delivering power transmission solutions and material handling equipment.

Elecon Engg. Share Price

412.80 6.05 (1.49%)
17-Apr-2026 16:59 View Price Chart
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