Omax Auto shut down its Automax facility

In a June 27 stock exchange filing, Omax Auto informed that it has closed manufacturing operations in its business unit named “Automax’ on June 24, 2017.
Omax Auto decided to close it due to lack of business, high labor cost and recurring losses.
It was situated at Binola, Gurgaon. Omax Auto has given the necessary i....

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