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GMM Pfaudler Ltd. — Capital/Financing Update 2020
Oct 7, 2020
61612_rns_2020-10-07_9694690c-b3cb-44d0-81ad-43d66e918bd8.pdf
Capital/Financing Update
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GMM/SEC/2020-21/31 October 7, 2020
To, BSE Limited Phiroze Jeejeebhoy Towers, 1st Floor, Dalal Street, Mumbai – 400 001
NSE Limited
Exchange Plaza, C 1, Block G, Bandra-Kurla Complex, Bandra (East) Mumbai – 400 051
Scrip Code: 505255
Symbol: GMMPFAUDLR
Sub : Update on manufacturing facility at Hyderabad, Telangana
Dear Sir,
We refer to our letters dated June 30, 2020 and July 29, 2020 where GMM Pfaudler Limited (‘ the Company ’) had informed the Stock Exchanges regarding entering into binding term sheet and subsequent signing of definitive documents with De Dietrich Process Systems India Pvt. Ltd. (“ DDPSI ”) for itemized sale of their manufacturing facility at Hyderabad, Telangana.
Pursuant to the provisions of Regulation 30(7) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 which requires the Company to provide updates for material developments, in respect of the aforementioned disclosures made on June 30, 2020 and July 29, 2020, we hereby inform you that the Company has received physical possession of the facility and it was formally inaugurated on October 6, 2020. The production is expected to commence shortly.
You are requested to take the same on record and disseminate the above information.
Thanking you,
Yours faithfully,
For GMM PFAUDLER LIMITED
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Mittal Mehta Company Secretary & Compliance Officer Membership No. F7848
GMM Pfaudler Limited Corporate Office: 902, Lodha Excelus, Commercial Tower 1, New Cuffe Parade, Sewri - Chembur Road, Mumbai-400022. • O: +91 22 6650 3900 Registered Office & Works: Vithal Udyognagar, Anand - Sojitra Road, Karamsad - 388 325 • O: +91 2692 661700 • F: +91 2692 661888 • CIN : L29199GJ1962PLC001171 [email protected] • www.gmmpfaudler.com