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Sejal Architectural Glass suspends Jhagadia Plant operations

Sejal Architectural Glass Ltd has announced that the production activities from the Company's newly set up Float Glass manufacturing at Jhagadia, Bharuch has been suspended temporarily on account of certain teething issues which have occurred in the glass manufacturing plant at the initial stage of production.

The technical team of the equipment supplier, M/s. Fives Stein (France] along with the Company's technical team are working on the same and the Company expect to resume production activities in a week or 10 days time.

Consequent upon the resumption of production activities from the plant an official intimation to that extent will be issued.

The stock was trading at Rs.76.60, down by Rs.0.55 or 0.71%. The stock hit an intraday high of Rs.79.80 and low of Rs.72.75.

The total traded quantity was 55669 compared to 2 week average of 491818.

Source: Equity Bulls

Posted On: 2010-04-01 01:50:57

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