In compliance with regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find below an update on COVID 2019 and AkzoNobel.
Further to our earlier announcement dated March 23, 2020, we are closely monitoring the pandemic situation and taking all necessary measures. Our priority is to keep our employees, their families, and our partners safe and well. We fully support and follow national and local government requirements. We are also taking all reasonable steps to maintain business continuity.
Following the Prime Minister’s introduction of a 21-day lockdown across the country, we have initiated further steps in order to comply with these strict measures, some of which are highlighted below:
- The work from home facility for relevant employees has been extended until April 14, 2020
- All offices, plants and warehouses have been closed and operations have been stopped in line with directives issued by the relevant national and local authorities
- Maximum precautions are taken to ensure the safety and well-being of our employees. At all AkzoNobel locations, colleagues are sticking to social distancing measures, where these are in force, and observing all necessary hygiene rules.
- During recent weeks, maximum precautions are taken to ensure the safety and well-being of employees, including guidance related to travel, hygiene, working from home, as well as virtual engagement initiatives.
We are monitoring and managing the extent and duration of any local requirements impacting/ related to our physical locations. As the situation continues to evolve, we are constantly adapting our actions.
This is for your information and record.
For Akzo Nobel India Limited