The company said the disruption in LPG supply has adversely impacted its production activities, delivery of materials and EPC business operations. “Due to the aforesaid disruption in LPG supply, the company’s production activities, delivery of materials, and EPC business operations have been adversely impacted,” it said.
Salasar Techno also said the ongoing conflict in the Gulf region is affecting exports of its products to that market. The company said it is working with oil marketing companies and relevant government authorities to secure LPG supply to maintain production activities.
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“We are evaluating the impact arising from the ongoing disruption in the supply of LPG. The company is actively monitoring the situation and will continue to update the stock exchanges with any material developments in this regard,” it added.
Salasar Techno Engineering is a steel structural manufacturer and EPC (engineering, procurement and construction) infrastructure company, catering to telecom, energy and railways sectors.
Shares of Salasar Techno Engineering Ltd ended at ₹7.06, down by ₹0.16, or 2.22%, on the BSE.
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(Edited by : Jomy Jos Pullokaran)
