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KLRF to shut down operations of ‘KLRF Textiles Unit-II

13 Mar 2014 Evaluate

KLRF has received its board approval to shut down the operations of ‘KLRF Textiles Unit-II’, a Textile Unit of the Company with effect from March 13, 2014. The board has also been proposed to dispose off the whole of the said undertaking after obtaining necessary approval of the members by way of passing a special resolution pursuant to Section 180(1) (a) of the Companies Act, 2013 through postal ballot as required under Section 192A of the Companies Act, 1956 read with Companies (Passing of the Resolution by Postal Ballot) Rules, 2011. The Board of Directors of the Company at its meeting held on March 12, 2014 has approved for the same.

KLRF has made a major achievement towards customer requirements and made a phenomenal success in terms of supplying flour in various packages as 90 kg, 50 kg, 25 kg, 10 kg and 5 kg. As one of the pioneers in flour milling industry, KLRF has set its pace of leadership in terms Process Technology, Product Quality, Hygiene, Customer Satisfaction and Continual Improvement by its systematic quality systems and strive to achieve many outstanding records of performance in days to come.

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