Kirloskar Electric to extend lay off period of workmen from June 11

The current market cap of the company is Rs131.83cr.

Jun 10, 2021 03:06 IST India Infoline News Service

Kirloskar Electric Company has informed to the exchange regarding partial lay-off of workmen of the Company’s unit.

"The Company’s unit situated at Hirehalli, Tumkur (unit-7) has extended lay off period of 35 workmen out of 81 workmen for a period of 90 days, with effect from 11th June 2021", said by the company in a regulatory filing.

The current market cap of the company is Rs131.83cr.
At around 3:20 PM, Kirloskar Electric Company was trading at Rs20.50 per piece up by Rs0.65 or 3.27% from its previous closing of Rs19.85 per piece on the BSE.

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