Shree Ganesh Forgings Ltd has informed BSE that the main production line of the Company viz, the forge shop, the cutting shop and the dies shop have been closed due to persistent labour and working capital problems. The Company is running its machining facility only in order to fulfill some of its earlier unfinished orders.
The Company proposes to restart its operations upon the implementation of the CDR package.
Sensex
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Tuesday, February 15, 2011
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