6 Jul 2022 , 01:10 PM
As per the filing, the Company has shifted its manufacturing activities carried out at its manufacturing unit situated at Gat No. 446/3, Nighoje (Chakan), Rajgurunagar, Pune 410501 to a manufacturing unit at Gat No. 118/17, Wasuli, Chakan MIDC Phase-2, Pune, Maharashtra on lease rental basis.
Further, the Company will continue to manufacture, assemble, test, maintain and repair material handling equipment including electrical & non-electrical hoists, trolleys, cranes etc. at the new premises and the production capacity will remain the same, the company said.
At around 1:12 PM, Hercules Hoists was trading at Rs125.75 per share up by Rs0.6 or 0.48% from its previous closing of Rs125.15 per share on the BSE.
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