Krebs Biochemicals and Industries employees stop strike and resume duty; Stock up 1.5%

The production has been resumed at the Nellore Unit, the company said.

Jul 05, 2021 11:07 IST India Infoline News Service

IT Stocks Up
Krebs Biochemicals and Industries Limited informed the exchanges that the strike which has been going on by group/section of employees from Krebs workers and Staff Union at Nellore Unit of the company has stopped the strike and have resumed back to duties with effect from July 1, 2021.

Accordingly, the production/manufacturing has been resumed at the Nellore Unit.

The company had intimated on June 22, 2021 that a group/section of employees from Krebs workers and Staff Union at Nellore Unit of the company are remaining themselves absent from the duties during various shifts in an unauthorized and unjustified manner.

At around 11.08 am, Krebs Biochemicals and Industries Limited was trading at Rs123.10 per piece up Rs1.80 or 1.48% on the BSE. 

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