Garden Silk Mills Limited announced that in terms of Order issued by Government of India/State Government/Local Administration for containment of COVID-19 in the country, directing nationwide lock down in the entire country effect from 25 March,2020, and in consideration of the safety of the workers, employee and the surrounding community, the company decided to shut down its manufacturing facilities at Village Jolva and Village Vareli, Taluka Palsana, Dist. Surat, Gujarat, in phased manner being Continuous Process Plant, as applicable, till 14 April, 2020. The duration of this shut down will depend upon directions to be further issued by the respective government authorities in this regard. Further, the company has also implemented Work from Home for all its employees to the extent possible, as per COVID guidelines. The production shut down as above of the manufacturing facilities of the Company will have financial impact which is not ascertainable at this stage. The Company will continue to closely monitor the situation and take appropriate action on the resumption of its operations as per regulatory guidance.