"With the safety and wellbeing of our employees as top priority in view of the escalating COVID-19 situation, our company has been taking all recommended precautions in its operations against the spread of COVID-19, which includes sanitization and hygiene, temperature checks, maximizing video-conferencing and minimizing contact, closing employee travel, health and distancing advisories to employees and following all government directions on the subject," company said.
Further, it added that in keeping with its commitment to the safety and welfare of its people and to break the chain of the spread of Coronavirus and in view of the various directives issued by the Central Government and concerned State Governments relating to lockdown and the need for social distancing, the Company has shut production and office operations at its facilities in Gurugram, Manesar (Haryana) and Haridwar (Uttarakhand) with effect from 10th May, 2021 till 16th May, 2021.
The corporate offices of the company are in Work from Home mode and a very small number of colleagues are allowed in offices on rotation basis for the continuity of essential services.
The company is continuously monitoring the situation and aims to compensate for the production loss during the remainder of the quarter.
On Monday morning trade, Munjal Showa was currently trading at Rs136.70 per piece higher by 0.18% on Sensex.