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Indo Borax & Chemicals shuts down plant

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Capital Market

From 14 June 2016

Indo Borax & Chemicals announced that the plant is shut down from 14 June 2016 due to non-supply of water by M. P. Audyogik Kendra Vikas Nigam (Indore), on account of non-availability of water in reservoirs.

Company will review the water situation after 15 days and inform accordingly.

However, there will be no effect on the sales during the shut-down period of plant, as the Company is having sufficient inventory.

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First Published: Jun 14 2016 | 4:49 PM IST

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