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Aditya Birla Nuvo informs about company updates

24 Nov 2016 Evaluate

With reference to the earlier letter dated November 22, 2016 informing about the illegal strike from November 19, 2016, by the workmen of Linen Yarn business unit at Jaya Shree Textiles Division of the Company at Rishra, Hooghly, West Bengal. The Jaya Shree Textiles Division at Rishra is engaged in the businesses of manufacturing of Linen Yarn, Linen Fabrics, Worsted Yarn and Wool Tops. Aditya Birla Nuvo has now informed that from the morning shift of November 23, 2016, the operations in the aforesaid linen yarn plant have been restored and all plants of Jaya Shree Textiles Division at Rishra, Hooghly, West Bengal are working normal. The estimated contribution loss on account of the aforesaid strike is not material and the same is estimated to be around Rs 55 lacs.

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

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Company Name CMP
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