Corporate Announcement
Security Code : 532734    Company : GPIL    
 
Sub: Intimation Of Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 In Respect Of Railway Siding At Mandhar, Raipur.
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  Exchange Received Time  04/04/2018 15:21:26         Exchange Disseminated Time   04/04/2018 15:21:33              Time Taken   00:00:07
We wish to inform you that pursuant to Regulation 30 (6) read with Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulation 2015, we would like to inform you that our Company has received approval of competent authority for private railway siding served by Mandhar Station of Raipur Division for inward traffic of Coal, Iron Ore & Manganese and outward traffic of Pellet, which has become operational w.e.f. 31st March, 2018.

Earlier, our Company used to transport its raw materials through the railway siding facility of M/s Raipur Infrastructure Company Limited (RICL), a Joint Venture Company, at Mandhar, Raipur. The lease period of the said railway siding of RICL has expired on 31st March, 2018 and the same has not been renewed.

There will not be any interruption in the movement of the raw materials due to above developments.

 

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