Premier Limited is implementing effective steps for a progressive and systematic relocation of its plant and machinery, manpower and related infrastructure from its Chinchwad plant to the new location at Chakan, about 20 kilometres away. Preparations for this process have already commenced and actual physical relocation is expected to be done in March 2019. To this extent, the Company has also issued a formal notice to its Workmen with respect to their relocation to the new plant.