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.