This is further to our intimation on January 29, 2016 and February 22, 2016 regarding a proposal of setting up new manufacturing unit at Samba in the State of Jammu & Kashmir. We hereby update that due to non-availability of the fiscal incentives envisaged earlier by the Company, the proposed manufacturing facility project in Jammu is considered to be non-viable and therefore, the Company will not go ahead with this project.
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