Swelect Energy Systems closes many operations for 2 weeks due to lockdown in Tamil Nadu and Karnataka

All Solar Power Generating Plants of the company are running with standard operating procedures issued by the Central and State Government, the company said.

May 11, 2021 11:05 IST India Infoline News Service

Swelect Energy Systems Limited informed the exchanges Monday that in view of the second wave of Covid-19 pandemic followed by the lockdown announced by the Government of Tamil Nadu and Karnataka, the operations of many office/units of the company are closed from May 10 onwards and the respective office employees are allowed to attend their work from home.

The company closed the Registered and Corporate Office in Tamil Nadu, Office & Manufacturing facility & Research and Development Mounting structures (solar modules), Transformers and Inverter in Tamil Nadu and Office & Solar Photovoltaic Modules, Karnataka Manufacturing Plant.
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All Solar Power Generating Plants of the company are running with standard operating procedures issued by the Central and State Government. The company is taking various measures to ensure the health and safety of its employees and to comply with the directions issued by the Central and State Governments from time to time.

“The duration of closure of the Company's manufacturing operations will be until 6 A.M. of May 24, 2021 (14 days from May 10, 2021) and would consider / review the situation depending on further directions to be received from the Central and respective State Governments and other authorities in this regard.

The company is monitoring the situation for taking timely action based on the guidance from the Governments and the authorities,” company said.

At around 11.49 am, Swelect Energy Systems Ltd was trading at Rs230.90 per piece down by Rs0.75 or 0.32% from its previous closing of Rs231.65 per piece on the BSE.

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