As part of consolidation of its transformer business
Schneider Electric Infrastructure has announced that the Board of Directors of the Company has approved through a circular resolution the closure of Company's Unit at Naini and to sell / dispose off or to shift to another manufacturing location/s of the Company, the assets belonging to Naini Unit on such terms and conditions, at such time(s) and in such form and manner as the Board may think fit.Powered by Capital Market - Live News