Temporarily Suspend Operations of Unit In Italy Due To Coronavirus

Titagarh Rail Systems

16/03/2020 13:52

March 16 (Reuters) - Titagarh Wagons Ltd  TITW.NS :
    * TITAGARH WAGONS LTD -OWING TO OUTBREAK OF NOVEL
CORONAVIRUS
(COVID-19) OPERATIONS OF UNIT AT TITAGARH FIREMA SPA, ITALY,
AFFECTED
    * TITAGARH WAGONS - CEO OF TFA, ITALY HAS BEEN AUTHORISED TO
TEMPORARILY SUSPEND OPERATIONS, INITIALLY FOR A PERIOD OF 15
DAYS
    * TITAGARH WAGONS LTD -OPERATIONS OF THE GROUP IN INDIA ARE
PROCEEDING NORMALLY TILL DATE
    * TITAGARH WAGONS LTD - IN VIEW OF FORCE MAJEURE CONDITIONS,
FINANCIAL IMPACT IS NOT ASCERTAINABLE AT THIS STAGE

Source text for Eikon:  ID:nBSE9rl0LG 
Further company coverage:  TITW.NS 

 ((Reuters.Briefs@thomsonreuters.com;))