Mangalam Global to close Castor Oil manufacturing unit II in Gujarat due to annual preventive maintenance

The company will close the unit due to Annual Preventive Maintenance during the period.

August 24, 2021 4:47 IST India Infoline News Service

Mangalam Global Enterprise has announced that the Castor Oil Manufacturing Unit (Unit II) of the Company situated in Gujarat will remain close from Tuesday onward to September 10, 2021.

The company will close the unit due to  Annual Preventive Maintenance during the period.

In its regulatory filing, Mangalam Global said. "We would like to inform that Castor Oil Manufacturing Unit (Unit II) of the Company situated at Survey No. 355/P1 and 355P1 /P1, Harij-Kukrana Road, Village - Jaska, Taluka -Harij, District-Patan - 384 240, Gujarat, India will remain close due to Annual Preventive Maintenance during the period starting from August 24, 2021, to September 10, 2021."

On NSE, the company's stock closed at Rs50.10 per piece up 0.8%. The stock has touched an intraday high and low of Rs53.50 per piece and Rs49 per piece respectively.

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