Dunlop India Ltd
CURRENT MARKET CAP OF THE COMPANY IS 74CR. TOTAL ASSETS ARE AT 1,445CR. CURRENTLY COMPANY OPERATIONS ARE SHUT DOWN OF POWER PROBLEMS
SEE DETAILS BELOW
GeneralThe BOD has considered the present situation on the suspension ofoperations at Sahaganj Plant and after long discussions and deliberations,taken the following decision :
1. To lift the partial suspension of operation immediately after therestoration of power supply of requisite load. In the first phase, theEngineering Team relating to IP Section will be called on work to refurbishthe Machineries required for these Sections. The refurbishment has beennecessitated primarily because of large scale thefts. The Companywill evaluate the total cost and time involved in such refurbishment inorder to arrive at a cost-benefit analysis.
2. In order to make the IP production cost effective, the Company will alsoinstall a separate boiler of smaller capacity or rectify the existing smallboiler for the production of IP simultaneously with the refurbishmentexercise.
3. Soon after the completion of the refurbishment and installation ofboiler, the desired number of manpower relating to IP Section will becalled on duty. These numbers will be decided based on the report / studyfrom Independent Agency.
4. In the second phase the Company will try to restart the production ofOTR range-after procuring the necessary orders from Coal India, itssubsidiaries and other Government/ Public Undertakings. The requisitenumber of additional manpower for OTR range will be taken on dutyaccordingly in phased manner.
5. In the meantime if the Company is granted the permission forco-generation Power Project, necessary efforts will be made to startco-generation plant in shortest possible time which will facilitate therestart of production of entire range and to utilize full manpower.
BUY WITH SOPLOSS OF 9.RS CMP 10.20 FOR A TGT OF 15 IN A MONTH TIME
1. To lift the partial suspension of operation immediately after therestoration of power supply of requisite load. In the first phase, theEngineering Team relating to IP Section will be called on work to refurbishthe Machineries required for these Sections. The refurbishment has beennecessitated primarily because of large scale thefts. The Companywill evaluate the total cost and time involved in such refurbishment inorder to arrive at a cost-benefit analysis.
2. In order to make the IP production cost effective, the Company will alsoinstall a separate boiler of smaller capacity or rectify the existing smallboiler for the production of IP simultaneously with the refurbishmentexercise.
3. Soon after the completion of the refurbishment and installation ofboiler, the desired number of manpower relating to IP Section will becalled on duty. These numbers will be decided based on the report / studyfrom Independent Agency.
4. In the second phase the Company will try to restart the production ofOTR range-after procuring the necessary orders from Coal India, itssubsidiaries and other Government/ Public Undertakings. The requisitenumber of additional manpower for OTR range will be taken on dutyaccordingly in phased manner.
5. In the meantime if the Company is granted the permission forco-generation Power Project, necessary efforts will be made to startco-generation plant in shortest possible time which will facilitate therestart of production of entire range and to utilize full manpower.
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