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Aditya Birla Nuvo Ltd updates on Long Term Settlement discussion with unions

Wednesday, 14 May 2014 10:34pm EDT 

Aditya Birla Nuvo Ltd:Says that the company was carrying on Long Term Settlement (LTS) discussions with recognized Unions at Aditya Birla Insulators, Rishra Unit at West Bengal.Pending LTS and further discussions, a section of workers had gone into illegal stoppage of work affecting the entire line of manufacturing process. This act on the part of workmen has disrupted the operations of the Plant and the Unions could not bring normalcy of the work.As a result the management is forced to discontinue the operations with effect from May 13, 2014 by declaring suspension of work in the Plant till further notice. 

Company Quote

15.0 +0.92%
6:12am EDT