Jtekt India Ltd - 520057 - Intimation Of Notification From Authority Regarding Closure Of Offices And Plant In Chennai And Sanand Due To Pandemic Of Novel Coronavirus (COVID 19)
Pursuant to the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and in continuation to our letter dated 22nd March, 2020, we wish to inform that since the Country is susceptible to move to the community transmission stage of COVID 19 epidemic, thus as a precautionary measure and as per the Government Policy/ies now requires closure of operations and accordingly JIN's Management has taken a decision on production closure at its facilities in Chennai (with immediate effect) and Sanand (from tomorrow i.e. 24th March, 2020) till further notice. The duration of this shut down will depend upon the Government Policy(ies). This is for your information and record.23-03-2020