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Company to close down Works located at Joka
The Board of Directors at its meeting held today (July 16, 2002) has decided to close down its works located at Joka, District 24 Parganas West Bengal, and dispose of the surplus Assets attached to it.
Joka Works was catering to requirements of the Low Voltage Distribution Systems Division (A&D CD DM) of the company. No manufacturing operations are being carried out at Joka Works and all employees have been redeployed or have opted for the VRS.