Khadim India resume operations; shares up ~1.5%

The company’s entire operations in India had been temporarily disrupted from March 24, 2020, due to outbreak of COVID-19 Pandemic.

May 15, 2020 01:05 IST India Infoline News Service

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Khadim India Limited has resumed operations on a limited scale at some of its retail stores, manufacturing units, warehouses and offices where lockdown restrictions have been reduced to a certain extent.

The retail company in its filing for exchanges on Thursday vowed that the operations at those places will be carried out in accordance with the guidelines issued by the respective regulatory authorities and on obtaining permissions wherever required.

It’s entire operations in India had been temporarily disrupted from March 24, 2020, due to outbreak of COVID-19 pandemic.

Khadim India Ltd is currently trading at Rs90, up by Rs1.3 or 1.47% from its previous closing of Rs88.70 on the BSE.

“The company has taken the requisite steps to ensure the safety and security of its employees at all such locations in accordance with the guidelines issued by the respective authorities,” the company said in a release.

“The company will continue to monitor the situation minutely and take necessary steps as per regulatory guidelines,” it added.

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