M K Proteins Limited resumes normal operations

M K Proteins Limited has announced that the business operations at the Company's Registered Office located at Naraingarh Road, Village Garnala, Ambala City- 134003 HR were temporarily disrupted owing to flooding and water logging at the office premises by massive rain, (approx. 500mm) in Ambala during 8th July, 2023 to 11th July, 2023, which led to a flood crisis throughout the entire region.

The Machinery, plants and equipment, hardware and software, furniture, documents were submerged and hence damaged. The Company is taking adequate measures and is in the process of repairing, reviving and retrieving the same. The company is in the process of assessing the losses and are hopeful that they would not be on a higher side.

The company resumed the normal operations at site from today, i.e. 27st July 2023.

Shares of M K Proteins Limited was last trading in BSE at Rs. 742.70 as compared to the previous close of Rs. 746.00. The total number of shares traded during the day was 51 in over 17 trades.

The stock hit an intraday high of Rs. 761.65 and intraday low of 734.00. The net turnover during the day was Rs. 37768.00.

Source : Equity Bulls

Keywords

MKProteins INE964W01013 NormalOperations Resume