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Merck informs about company updates

08 Feb 2017 Evaluate

Merck has informed that a section of the work force at the Company's Goa plant have stopped work, while the Company and the workers union are engaged in negotiating the workers charter of demand, which includes wage revision. The Company Management is striving to convince the union to resume work and to resume negotiations. The Company has already activated its business continuity plans to maintain stable supply to the market, and therefore does not foresee material impact on sales or availability of products due to the stoppage of work by such workmen.

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

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