Suryalakshmi Cotton Mills Ltd has informed BSE that due to labour unrest in the company's Denim division located near Ramtek in Nagpur district of Maharashtra, production operations have been suspended.
The Hyderabad-based company said it was negotiating with the Workers Union and is reasonably confident of settling the issue at an early date. The company shall inform the Stock Exchange immediately after the restoration of the operations, the company informed in a statement.
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.