Lambodhara Textiles to shift Unit 2 operations to Unit 1; Stock down 2%
India Infoline News Service |
22 Nov, 2022 |
Lambodhara Textiles Ltd has informed that pursuant to the expansion of the Unit I situated at 826, Thazhaiyuthu, Palani Taluk - 624 618, the operations along with the machineries of - Unit II situated at SKC House, Vinayagar Kovil Street. Neikarapatti, Palani - 624 615 will be shifted and combined with Unit I with effect from November 22, 2022.
In a regulatory filing, the company said, "The said shifting does not have any material and adverse effect on operations of the Company."
At around 9:17 AM, Lambodhara Textiles was trading at Rs96.65 per share lower by 2.03% on the BSE.
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