Important announcement from Royal Enfield’s Chennai units

Eicher Motors-owned Royal Enfield has decided to temporarily halt production operations at its manufacturing facilities in Chennai, the company has said in an exchange filing. The decision has been taken in light of “unprecedented situation owing to the spread of COVID-19 and with an objective to prioritize safety and well-being of its personnel,” the company said in the filing. 

Royal Enfield’s manufacturing operations are across Thiruvottiyur, Oragadam and Vallam Vadagal which will remain shut between 13 May 2021 and Sunday, 16 May 2021 (Thursday-Sunday). 

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During this time, the company will undertake maintenance activity at its manufacturing plants, it further said. 

“Given local lockdowns across states and Union Territories impacting retail operations, the  company does not foresee any significant impact on ability to cater to demand,” the company has said. 

“Royal Enfield continues to monitor the situation closely and will take appropriate actions as the situation progresses; and in line with the directives being issued by government and administrative authorities” it further said. 

The company has issued advisories to all dealerships in India to adhere to local regulations and follow local administrative orders, as may apply.  

All other employees across Royal Enfield's offices, including corporate offices in Chennai and Gurgaon continue to work from home, until further notice.  

Today, shares of Eicher Motors ended at Rs 2450 on the NSE falling by almost Rs or 21 0.9 per cent from the previous closing price.