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Gujarat Alkalies and Chemicals informs about business updates

04 Nov 2015 Evaluate

Gujarat Alkalies and Chemicals has informed that the contract workers of the Company deployed at Vadodara Complex have called illegal strike from November 03, 2015 demanding higher bonus payment than the statutory limits. The Company is in dialogue with Contractors for arriving at amicable solution. The manufacturing operations at Vadodara Complex are maintained. The Annual Maintenance Contract workers have resumed their work at Vadodara Complex from today morning whereas other contract workers are still on strike. Further, the operations at Dahej Complex are not affected by strike.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Godrej Industries 1054.40
SRF 2434.70
BASF India 3440.10
Pidilite Inds. 1470.00
Tata Chemicals 614.70
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