The Board of Directors of Welcast Steels Limited in their Meeting held on August 31, 2020 have passed a resolution to close down permanently its Industrial Establishment (Factory) located at Plot No.15, Phase-1, Peenya Industrial Area, Bengaluru - 560 058 after giving 60 days' Notice i.e. with effect from the close of the business hours on 2nd November, 2020.