India, April 28 -- SRM Contractors Limited ("the Company"), listed on the National Stock Exchange and BSE Limited, issues the following statement to reinforce transparency and assure stakeholders of the continuity and stability of its operations:
In view of recent developments and reports regarding tensions in the Kashmir region of Jammu and Kashmir ("the UT"), the Company confirms that, as of today, there has been no adverse impact on its business activities, project execution, or commercial engagements. Currently, the Company has no ongoing projects in the Kashmir region.
The majority of SRM Contractors' ongoing projects, as well as 100% of current tendering activities, are being carried out outside the UT of Jammu and Kashmir. All oper...