Board of Amit Spinning Industries decides to seek regulatory approval for closure of yarn manufacturing unit

Situated in Kolhapur in Maharashtra

Amit Spinning Industries announced that due to financial constraints, non-availability of working capital and non-receipt orders, the Board of Directors have approved to move an application to the Secretary, Industries, Energy and Labour Department, Government of Maharashtra for seeking permission for closure of Yarn Manufacturing Unit situated at Kolhapur in Maharashtra, so as to control the operational and other expenses.

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