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VST Tillers Tractors announces restriction in production at Bangalore and Hosur plants

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Capital Market

To realign production and sales

VST Tillers Tractors announced that due to various reasons, the sale of power tillers and Tractors has not kept pace with the plant production since October, 2014 which has resulted in carrying higher finished goods inventory.

As the situation is not likely to improve in near future, the management has decided to restrict the production to days a week both at Bangalore and Hosur plant.

Any change in the above will be appropriately informed.

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First Published: Dec 24 2014 | 1:31 PM IST

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