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Kirloskar Electric extends layoff of workmen at Hirehalli unit

  • India Infoline News Service |
  • 13 Dec, 2021 |
  • 2:52 PM
Kirloskar Electric Company Limited informed the exchanges that the company’s unit situated at Hirehalli, Tumkur (unit-7) has extended lay off period of 27 workmen out of 79 workmen for a period of 60 days, with effect from December 11, 2021.

In other filing, the company said that its unit situated at Hirehalli, Tumkur (unit-7) has extended lay off period of 03 workmen out of 79 workmen for a period of 60 days, with effect from December 14, 2021.

At around 2.54 pm, Kirloskar Electric Company Ltd was trading at Rs22.65 per piece up Rs0.05 or 0.22% from its previous closing of Rs22.60 per piece on the BSE.

The company had laid off its workmen at the Hirehalli and Budihyal plants from June 12, 2020, as a temporary arrangement due to Covid-19 impact and has sought many extensions form the concerned labour department thereafter.

Many workmen at Govenahalli unit are also under suspension since June 15, 2020 due to Covid-19 pandemic impact.

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