Birla Corporation Ltd closes unit at Gurgaon

Birla Corporation Ltd has permanently closed the manufacturing establishment at its unit namely, Auto Trim Division, Gurgaon situated at Village- Nawada, Fatehpur, Post Office - Sikanderpur - Badha, Dist - Gurgaon - 122 001 w.e.f. 1st September, 2022.

The said closure does not have any material and adverse effect on the operations of the Company.

There has been no production activity carried out in the said Unit since November 2007, hence it has been decided to close the same.

The Unit has contributed Rs. 6 lakhs income amounting to 0.06% of the total income of the Company during the financial year 2021-22.

The Unit contributed Rs. (18.32) lakhs to the overall net worth of the Company during the financial year 2021-22.

Source : Equity Bulls

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BirlaCorporation Closure AutoTrimDivision Gurgaon