Subros Limited Announces Temporary Shutdown of Manufacturing Operations / Offices in Uttar Pradesh, Haryana, Maharashtra and New Delhi
March 23, 2020 at 12:28 am EDT
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Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Subros Limited informed that local /state administration(s) have issued orders /directions (government directions) to prevent & contain the spread of COVID-19. In line with the government directions and considering the health and safety of the company's employees and fellow citizens of the country, the manufacturing operations /offices in Uttar Pradesh, Haryana, Maharashtra and New Delhi shall be temporarily shutdown with immediate effect till further notice. Further, the duration of such shutdown for the above and other manufacturing facilities will depend upon the directives he of the respective States Government and shall be complied with accordingly.
Subros Limited is an India-based manufacturer of thermal products for automotive applications. The Company manufactures compressors, condensers, heat exchangers and all connecting elements required to complete air conditioning (AC) loop and caters to all segments, such as passenger vehicles, buses, trucks, refrigeration transport and railways. Its car AC and engine cooling parts products include blower, evaporator, cooling module, and hoses and tubes. Its railway AC products include roof mounted driver cab AC for diesel automotive, driver cab AC electric automotive and EMU cab AC. The Company's transport refrigeration system products include reefer SL 1400, reefer SL 3500, evaporator unit SL 3500, reefer SL 500 and compressor. It has a range of residential air conditioners, such as window AC and split AC system (inverter and fixed speed range) and supplies these products as original equipment manufacturer (OEM)/original design manufacturer (ODM) to various brands in the market.