“The materiality of the disruption due to these force majeure events cannot be assessed at this time. The company is closely monitoring the situation and will take requisite steps in accordance with the directions issued by the State Government including local authorities, from time to time.
In this regard, the company has put in place requisite safety measures for the staff at Kirloskarvadi plant as per the guidelines issued by the State Government,” company said in a regulatory filing on Monday.
The company further said it is strictly complying with the guidelines of the State Government during the present pandemic Covid-19 situation in the interest of the health and safety of the employees and workers.
At around 12.15 pm, Kirloskar Brothers Ltd was trading at Rs232.60 per piece down by Rs0.8 or 0.34% from its previous closing of Rs233.40 per piece on the BSE.