Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Simplex Realty Limited Regulatory Filings 2020

Jun 16, 2020

63166_rns_2020-06-16_28895786-6401-4076-99e8-40165d12914f.pdf

Regulatory Filings

Open in viewer

Opens in your device viewer

==> picture [118 x 60] intentionally omitted <==

16[th] June, 2020

Department of Corporate Services

BSE Limited P. J. Towers, Dalal Street, Mumbai-400001

Dear Sir,

Security Code: 503229

Sub: Disclosure of material impact due to Covid-19 pandemic on the Company Ref: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015("the Listing Regulations"), and amendments thereto, read with SEBI Circular No. SEBI/HO/CFD/CMDI/CIR/P/2020/84 dated 20th May, 2020

This to inform you that due to the global outbreak of Coronavirus disease 2019 (Covid-19) and in compliance with the directives of the Government of India/State Government/ Local Authorities, the Company had during lockdown suspended its on-going work at Goa site until permission is granted by the concerned authorities to resume the operations.

The uncertainty arising from the extended lockdown and the evolving situation while restarting the work may delay completion of the work.

During the lockdown there were no enquiries and sales of commercial or residential units at completed project.

We are closely monitoring the situation and will take all necessary actions as may be required in the interest of all stakeholders.

The Company is following Government Directives regarding health and safety of employees and has already adopted the practice of work from home for its employees in order to minimize the risk and contain the spread of COVID-19. In the operations, focus is being maintained on social distancing and hygienic practices, for the safety of the people.

Please take a note of the same.

Thanking you,

Yours faithfully,

For Simplex Realty Limited Sd/ Nandan Damani Managing Director

==> picture [452 x 82] intentionally omitted <==