India Nippon Electricals Limited to Cease Operations at a Unit in Kolhapur
May 25, 2020 at 10:50 am EDT
India Nippon Electricals Limited announced that the Company has ceased all operations at one of its Units located at No: B-36, Five Star Industrial Area, Kagal Hatknangale City, Kolhapur-416216, Maharashtra State, with effect from 23 May, 2020. This is pursuant to the decision to permanently close the Unit in order to optimize the operations after completing all due processes and formalities under Law, which is underway.