Pursuant to Regulation 30 and other applicable provisions, if any, of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Bedmutha Industries has informed that the Board of Directors of the Company at its meeting held (through Video Conferencing) on Thursday, April 21, 2022, has considered and approved for closure of Plant 2 of the Company situated at Plot no. A? 70/71/72, STICE and Gut no. 931/1, Musalgaon, Tal Sinnar, Dist Nashik 422 103 with effect from June 24, 2022 (at the close of business hours). The Plant 2 has been running into losses and the capacity utilization of plant has also come down drastically. Due to these circumstances it has become commercially and economically unviable to continue the operations at Plant 2. The details of the Plant 2 are attached.
The above information is a part of company’s filings submitted to BSE.
