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Bhansali Engineering Polymers Ltd. — Regulatory Filings 2020
Jun 19, 2020
62572_rns_2020-06-19_6a1aed0e-ceb9-4ea5-bccd-6b7d479db2ab.pdf
Regulatory Filings
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BEPL/SEC/2020/200 Date: 19[th] June, 2020
| To,The BSE LimitedCorporate Relationship DepartmentPhiroze Jeejeebhoy Towers,Dalal Street,Mumbai - 400 001.Security Code:500052 | ToThe National Stock Exchange of India Ltd.Exchange Plaza, C-1, Block G,Bandra-Kurla Complex,Bandra (East),Mumbai - 400 051.Symbol :BEPL |
|---|
Sub: Disclosure of material impact of COVID 19 pandemic under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations).
Dear Sir /Madam,
Pursuant to Regulation 30 of the Listing Regulations and SEBI Circular No. SEBI/HO /CFD/CMD1/CIR/P/2020/84 dated 20[th] May, 2020 regarding "Advisory on disclosure of material impact of COVID 19 pandemic on listed entities", we wish to inform you that, the operations of the Company were disrupted and its Factories at Abu Road and Satnoor remained closed as a result of the lockdown due to the outbreak of COVID-19 pandemic, as per the applicable directives of the Central and the State Government(s). The Company had promptly adopted the policy of ‘Work from home’ to restrain the spread of COVID-19 and minimize its impact on the business operations of the Company.
We would like to inform you that as per the guidelines issued by the Central and State Government(s), the Company has resumed its operations. The Company will continue its efforts towards achieving normalized level of operations, depending upon prevailing situation and the Government directives, if any.
The Company is closely monitoring the situation, and as the duration and scope of COVID-19 continues to evolve, it is not possible to estimate the extent of its impact on our business at this time.
In terms of the above referred SEBI Circular dated 20[th] May, 2020, the Company is assessing the future impact of COVID-19 pandemic on its business operations, profitability, liquidity position & demand for its product etc. and will intimate the same as and when the information is reasonably assessable.
We request you to kindly take the same on record. Thanking you,
Yours faithfully
For Bhansali Engineering Polymers Limited
ASHWIN Digitally signed by ASHWIN MANILAL MANILAL PATEL PATEL Date: 2020.06.19 17:23:14 +05'30' Ashwin M. Patel Company Secretary & GM (Legal)
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