Vardhman Acrylics operations at Jhagadia plant remain closed due to workers strike

Workers at this Plant of the company have not resumed their duties since April 19, 2021.

Jun 09, 2021 11:06 IST India Infoline News Service

Vardhman Acrylics Limited informed the exchanges Tuesday that the production operations of the Plant situated at Jhagadia (Gujarat) have still not started due to the non-resumption of duties by the workers.

Workers at this Plant of the company have not resumed their duties since April 19, 2021, leading to disruption in the operations at the Plant resulting in stoppage of Production.

“This action of the workers may be in relation to the matter of enhancement of wages and change in working conditions which is under conciliation before the Assistant Labour Commissioner, Bharuch,” company had disclosed on April 19, 2021.

At around 11.15 AM, Vardhman Acrylics Ltd was trading at Rs44.00 per piece up Rs0.30 or 69% from its previous closing of Rs43.70 on the NSE.

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