Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Google
Web www.equitybulls.com
Stock Report

| More

Amara Raja Group Pulls Out All the Stops against COVID-19 across all Units & 16,000 employee base

Posted On: 2020-03-24 18:22:14


As a socially and professionally responsible organisation, the Amara Raja Group has been proactively taking all the steps regarding prevention/spread of COVID-19, over the last few weeks.

A Group Corporate Task force for COVID-19 with senior leadership and medical professionals has been put in place to scan the entire operating environment (internal as well as external), to review the operating guidelines released by Central/State Governments and to formulate and execute the action plan devised to mitigate against the pandemic.

Amara Raja had released extensive communications related to awareness around COVID-19 to its employees across the country in the form of posters, FAQs, AVs, hoardings within manufacturing locations, sales offices and cafeterias.

Besides this, the group had also commenced train-the-trainers program to create a large scale spread of communication across the 16,000-strong employee community - commissioned over the last few weeks.

Taking extensive preventive measures, the Tirupati-headquartered group had commenced measures like hand sanitizers at all entry / exit gates, the usage of personal protective equipment like masks, continuous disinfecting of work areas including high touch points, toilets and transport vehicles of employees, keeping all doors open and certainly social distancing everywhere.

Furthermore, the Group has implemented similar preventive measures in dining areas and additionally mandated eating with spoons, besides implementing staggered timings to avoid crowd.

Additional preventive measures like restriction of travel in all forms, closure of all meeting rooms across the Group, restricted entry of visitors to any of the facilities / offices and large scale work from home (WFH) have been deployed with strict control mechanisms in place. Further, steps like thermal screening, health checks and appropriate quarantine guidelines - where relevant were also punctiliously implemented.

On 22nd March 2020, in line with the call given by Hon'ble Prime Minster for the Janata Curfew, Amara Raja has ensured that all the operations across all locations were scaled down significantly for 24 hours. Soon after the PM announcement, extensive campaigns were initiated, not only amongst the employees but also to various villages and towns by branding the Company's vehicles about the importance of this nation-wide voluntary curfew.

Based on the spirit of the GO from Government of Andhra Pradesh, the Amara Raja Group has decided to shut down the manufacturing operations of all its manufacturing units till 31st March 2020, except for essential services. Considering that most of the manufacturing operations are continuous process in nature, steps for safe shut down has commenced. The Group will be reviewing the situation continuously and will take all necessary steps as required from time to time.

As an ongoing commitment, Amara Raja Group will continue to explore all the possible support to the State and Central governments in running essential services like Telecom infrastructure, data centres, transport of essential services, and supply of electrical equipment required by Power Utilities, agricultural produce etc.

Through its CSR body, the Rajanna Trust, the Amara Raja Group is exploring additional CSR measures to be adopted in the communities that it operates.

All stakeholders of the group have been advised to adhere to the guidelines / advisories that are issued from time to time to take care of health and safety of them and their family members.

The Amara Raja Group is leaving no stone unturned to fight this crisis and is committed to uphold the values embodied in The Amara Raja Way in an untiring manner, collectively striving together to tide over the adversity.

Shares of AMARA RAJA BATTERIES LTD. was last trading in BSE at Rs.386.25 as compared to the previous close of Rs. 389.15. The total number of shares traded during the day was 30314 in over 1682 trades.

The stock hit an intraday high of Rs. 412.1 and intraday low of 350.25. The net turnover during the day was Rs. 11427354.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

Seniority and RPG Life Sciences Launch SafeSeniors - India's First COVID-19 Risk Monitoring Tool for Senior Citizens

Paisalo Digital Ltd to consider various options for raising funds

Manali Petrochemical Ltd recommences production of Propylene Oxide

NLC India Ltd resumes mining operations at Neyveli

Music Broadcast Limited Ranks 4th, One of the 2020 Best Workplaces in Asia by Great Place to Work®

India Infrastructure Trust declares total distribution of Rs. 4.4357

Federal Bank Launches Various Covid-19 Relief Activities

Adani Gas reduces prices of CNG and Domestic PNG with effect from 09th April 2020

Astron Paper & Board Mill Ltd commences production in Unit-2 at Bhuj, Gujarat

West Coast Paper Mills Ltd restarts partial operations

STL grows its patent portfolio by 34% and increases global patent portfolio to 358 patents

DCM Shriram Limited updates on restart of production at Bharuch plant

CRISIL assigns ratings to Thermax Ltd

Snowman Logistics Ltd's warehouses are fully operational

L&T Hydrocarbon Engineering bags large contract from Indian Oil Corporation for 9 MMTPA Atmospheric & Vacuum Distillation Unit

SeQuent Scientific provides Covid-19 and Business Update

WABAG secures 5 Year Operation & Maintenance contract in Al Madina Al Shamaliya Sewage Treatment Plant in Kingdom of Bahrain

Zee Learn Ltd board approves appointment of CFO

Tata Steel Ltd board to consider issue of NCDs on Apr 13, 2020

ICRA revises credit ratings of VA Tech Wabag Ltd

Orient Paper & Industries Ltd restarts partial operations of plant

JM Financial Group commits Rs.30 crore towards COVID-19 relief measures

Brickwork assigns credit ratings to Ajanta Soya Limited

Chemfab Alkalis Ltd appoints Mr. S Prasath as CFO

Gujarat Alkalies and Chemicals Ltd announces partial operation of manufacturing facilities at Dahej and Vadodara Complexes

HUDCO updates on ratings by CARE, ICRA and Ind-Ra

Ind-Ra affirms long-term issue rating of Sudarshan Chemical Industries Limited

TamilNadu Petroproducts Ltd restarts plants

Wipro Ltd board to consider Q4, FY2019-20 results on April 15, 2020

Axis Bank mandated to collect funds for PM CARES Fund

IndiGo operates relief flights at own cost in the service of the nation

Adani Green Energy Limited (AGEL) consummates 2.148 GW joint venture with TOTAL, Receives INR 3,707 Cr

Timex Group in India receives SA 8000 certification, one of the world's first auditable social certification standards

Dabur Group earmarks Rs 21 Crores towards Support and Relief Activities

Granules India's Visakhapatnam facility received EU GMP approval

Cosmo Films Ltd resumes partial operations of plants at Maharashtra

Man Industries (India) Ltd's promoters purchase shares

HGS Offers Nurse Triage Services for Healthcare Companies to Support COVID-19 Patients During the Crisis

Royal Orchid & Regenta Hotels take up CSR Initiatives pan India to Alleviate Community Distress Amidst Covid-19 Pandemic

Zydus receives final approval from USFDA for Perphenazine Tablets USP

Knock Down the Lockdown with TCS iON Career Edge

Tata Power Solar receives the Letter of Award for CPSU-II from NTPC for 300 MW project

L&T Construction bags contract from Indian Army for its Smart World & Communication Business

JSW Steel Ltd - Crude Steel Production at 16.06 Million Tons for FY 2019-20

Tilaknagar Industries Ltd completes payment to Bank of India

Spandana Sphoorty Financial Ltd updates on key metrics for Q4 FY2019-20

IndusInd Bank announces QoQ drop in deposits

Polyplex Corporation Ltd board to consider buy back on April 9, 2020

Cyient Limited reappoints Mr. B V R Mohan Reddy as Executive Chairman

AU Small Finance Bank Limited updates on Q4 FY2019-20 performance







Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2019