Bata India approves closure of Southcan Unit, Karnataka

The Board of Directors of Bata India Limited has today, i.e. on July 23, 2024, considered and approved closure of Southcan Unit in the state of Karnataka, since a scheme for Voluntary Retirement was implemented in the last financial year.

The factory produced around 6.28% of the total production capacity of the Company in the last financial year.

Shares of Bata India Limited was last trading in BSE at Rs. 1562.75 as compared to the previous close of Rs. 1539.45. The total number of shares traded during the day was 30183 in over 3056 trades.

The stock hit an intraday high of Rs. 1565.80 and intraday low of 1501.95. The net turnover during the day was Rs. 46710218.00.

Source : Equity Bulls

Keywords

BataIndia INE176A01028 Closure SouthcanUnit Karnataka