April 20, 2018 / 6:16 AM / a month ago

BRIEF-Gujarat State Fertilizers And Chemicals Is Considering Shutting Down Fibre Unit In Surat

April 20 (Reuters) - Gujarat State Fertilizers and Chemicals Ltd:

* SAYS CONSIDERING SHUTTING DOWN FIBRE UNIT IN SURAT Source text : [Gujarat State Fertilizers & Chemicals Limited has informed the Exchange regarding ‘This is to inform that In terms of Schedule-III(B)(2) under Regulation-30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is hereby informed that the Company is considering the shutting down of its Fibre Unit situated at Kosamba, Dist. Surat. The subject initiation is mainly on account of non-viability of its products. This shutting down however is subject to the approval of Board of Directors, which shall be sought in due course of time.’] Further company coverage:

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