Brief: Lumax Autotechnologies permanently closes one of its units at Aurangabad

Lumax Auto Technologies

30/12/2016 06:41

Dec 30 (Reuters) - Lumax Autotechnologies Ltd  LUAT.NS : 
    * Says intimation regarding closure of one of the unit of 
the company 
    * Has permanently closed manufacturing activities at one of 
its plant situated at Aurangabad, Maharashtra w.e.f. December 30 
    * Says entire workforce affected by this closure have been 
paid appropriate compensation 
    * Says closure does not have any adverse effect on 
operations of the company 
    * Says manufacturing activities at the plant have been 
closed after completion of necessary formalities 
 
Source text: http://bit.ly/2ijT4wz 
Further company coverage:  LUAT.NS  
 
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