Following disruption in raw material movement
Visa Steel announced that movement of raw materials to the Company's plant site at Kalinganagar was abruptly suspended by local Truck Owners Union, backed by local politicians for pressing their unreasonable demands. In absence of raw materials, operation at the Company's plant site at Kalinganagar have come to grinding halt. The matter was escalated to the Office of the Hon'ble Chief Minister of Odisha. The Company expects to resume production at various units from late evening today or tomorrow.Powered by Capital Market - Live News
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