Intimation under Regulation 30 of SEBI LODR in the wake of the COVID-19 pandemic. The Company has intimated BSE - Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and further to the Company’s message BM:PKR:12:20 dated 24.03.2020, we would like to inform you that in the wake of the COVID-19 pandemic, the Company has been taking various measures to ensure the safety and well being of all employees and is ensuring compliance with the directives issued by the Central Government, State Governments and local administration in this regard.
The Company has already adopted Work from Home for all employees at its head office and regional offices effective from 17.03.2020 to minimize the risk and contain the spread of COVID-19. In the operations, focus is being maintained on social distancing and hygienic practices, for the safety of the people.
All the manufacturing locations have received permission to operate and are now operating at scaled down levels. Most of the distribution centres/ warehouses, suppliers are also operating at scaled down levels. The scaled down operations at various locations are essentially on account of applicable social distancing norms and the lesser deployment of people. The scaling up, scaling down or suspension of operations at various locations is dependent on the directions of the Central and State Governments and authorities.
The Company is closely monitoring the situation and will take all necessary measures as directed by the Central and State Governments and authorities, from time to time. The impact on the operations of the Company cannot be assessed at this point.