Nahar Capital resume operations in Punjab; shares slip 2%

The company had closed down its office as well as operations from March 23, 2020, due to Covid-19 outbreak.

May 22, 2020 07:05 IST India Infoline News Service

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Nahar Capital and Financial Services Limited have partially resumed operations in Punjab after receipt of approval from the concerned authorities. The company informed the exchanges Thursday that the operations are subject to fulfilment of certain conditions.

The company had closed down its office as well as operations from March 23, 2020, due to Covid-19 outbreak.

“The impact of the Covid-19 situation on the Company's business in not immediately assessable. The company is in the process of assessing the impact of the Covid-19 situation and the same will be communicated as and when the information is reasonably assessable,” the company said in a release.

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