ABB Power closes manufacturing facility in Bengaluru; Stock trades flat

The company took the step as per the Government of Karnataka's May 7 order, for the purpose of breaking chain of Covid-19 transmission.

May 12, 2021 1:10 IST India Infoline News Service

ABB Power Products and Systems India Limited have closed the manufacturing facility of the company situated in Peenya, Bengaluru, Karnataka.

“In compliance with Order dated May 7, 2021, issued by the Government of Karnataka and its subsequent clarifications, for the purpose of breaking chain of Covid-19 transmission, the manufacturing facility of the company situated in Peenya, Benguluru, Karnataka remains closed effective May 10, 2021 and as per the aforesaid order,” company said in a regulatory filing on Tuesday.

At around 1.16 pm, ABB Power Products and Systems India Limited was trading at Rs1714.10 per piece down Rs1.95 or 0.11% on the BSE.

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