PBM Polytex Begins Repair Work at Petlad, India Manufacturing Unit

MT Newswires Live
Aug 26

PBM Polytex (BOM:514087) has begun the repair and restoration work at its Petlad manufacturing unit in India to rectify the damage caused due to the fire earlier in the month, according to a BSE filing on Tuesday.

The restoration and repair work is expected to take an additional seven to 10 days to complete before resumption of production.

The company said its operations were covered under comprehensive insurance policies.

The company's shares were down over 1% in recent trade.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10