Cosmo Films has decided to postpone the delivery and commissioning of a new product line by 8-10 quarters due to adverse market conditions.
In 2017, the company had decided to set up a new production line for specialised polyester (BOPET) film at Aurangabad, Maharashtra. This will not have any impact on current operations of the company, Cosmo Films said in a statement to the exchanges. Shares of Cosmo Films slipped 1.22 per cent at ₹230.15 on the BSE.
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