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Rushil Decor to close Chikmagalur MDF plant for 45 days for maintenance

Total revenue from operation of the Company during the FY 2020-21 was Rs335.44cr.

October 11, 2021 9:37 IST | India Infoline News Service
Rushil Decor Ltd has informed to the exchange that it has decided to close the manufacturing operations of the Company's Medium Density Fibre Board Manufacturing Unit (MDF Plant) at Chikmagalur, Karnataka for approximately 45 days from October 09, 2021 on account of planned preventive maintenance activities to be undertaken thereat as well as to replace some of the major parts of the plant.

Further, the turnover of the said Chikmagalur MDF Plant during last financial year (FY 2020-21) was Rs156cr which contributed approximately 46.5% of the total revenue from operations of the Company.

Total revenue from operation of the Company during the FY 2020-21 was Rs335.44cr, said company in a regulatory filing.

At around 9:36 AM on Monday, Rushil Decor was trading at Rs270.80 per piece up by Rs10.45 or 4.01% on Sensex.

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