Nitco declares temporary lock out at tiles manufacturing unit at Alibaug

Nitco declares temporary lock out at tiles manufacturing unit at Alibaug

Jan 27, 2020 05:01 IST capital market

Nitco announced that on 27 January 2020 lock out has been declared at its tiles manufacturing unit at Alibaug for a temporary period. The lock out was necessitated due to non co-operation, coercive and threatening tactics by workmen at the factory premises and with a view to safeguard the interest of the organisation, the safety and security of the personnel and the property of the Company.

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