Updates on Sathyamangalam Unit

| Updated on March 18, 2011 Published on March 18, 2011

Sri Ramakrishna Mills Coimbatore Ltd has informed BSE that workmen at the Sathyamangalam Unit have struck work from the third week of February 2011 and the strike is still continuing, which is on account of failure in wage negotiation.

Further the Company has informed that the Tamil Nadu Government has withdrawn the facility where power was made available at extra cost during the four hour power restriction period.

In view of the above, the production at the Sathyamangalam and Coimbatore Units have been affected.

Source : BSE - >www.bseindia.com

Published on March 18, 2011
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