CONSEQUENT TO GENERAL RECESSION IN TEXTILE INDUSTRY AND SHARP FALL IN CONFIRMED ORDERS FOR THE YARN TWISTING MACHINES MANUFACTURED BY THE COMPANY, THE MANAGEMENT HAS DECIDED TO CUT MANUFACTURING ACTIVITY FOR ONE DAY A WEEK, IN THE ENGINEERING DIVISION WITH EFFECT FROM 10-05-2025 UNTIL SITUATION IMPROVES. HOWEVER CONFIRMED ORDERS ON HAND AND THAT RECEIVABLE WILL BE FULFILLED AS PER TERMS OF CONTRACT. THIS MEASURE HAS BEEN TAKEN TO ECONOMISE ON COST. WILL BE REVIEWED AFTER A WHILE.