ASHIMA LTD. - 514286 - Announcement under Regulation 30 (LODR)-Strikes /Lockouts / Disturbances
With reference to the captioned subject, we hereby inform you that in view of the current pandemic situation, and the market dynamics of the yarn dyed fabrics market, the Company has deemed it prudent to temporarily suspend the yarn dyeing and weaving operations of its Spinfab Division for the current financial year from 1st June 2021. Once normalcy returns, the Company will take a decision on resuming operations of the Division and update the stakeholders about the same.28-05-2021