November 05, 2024 16:00 (IST)
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Ordnance Factory Board dissolved today; assets, employees, management transferred to 7 new defence PSUs

Ordnance Factory Board dissolved today; assets, employees, management transferred to 7 new defence PSUs

New Delhi/IBNS: In a major reform initiative, the Ordnance Factory Board (OFB) will be dissolved with effect from Friday, October 1, according to a decision taken by the Union cabinet earlier this year.