Impact on operations not material
Wheels India announced that the disruption in availability of electricity between 1 December and 7 December consequent to unprecedented rains in Chennai during end November and early December affected the operations of the Company's plants in Chennai and Sriperumbudur. The operations were partially affected because of this. However with the timely efforts and cooperation of the employees and the use of Diesel gensets helped the Company to maintain the operations of the Company at a lower level. Due to this, the impact on the operations of the Company is not material. The operations at both the plants have been restored to the normal level effective 7th December.Powered by Capital Market - Live News