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Dhanuka Agritech permanently shuts-down manufacturing unit at Gurgaon

09 Jan 2018 Evaluate

Dhanuka Agritech has permanently closed its manufacturing activities at one of its plant situated at Daulatabad Road, Gurgaon, Haryana, with effect from January 9, 2018 due to unavoidable circumstances. The manufacturing activities at the above plant have been closed after completion of necessary formalities in accordance with the provisions of the Industrial Disputes Act, 1947. The entire workforces affected by this closure have been paid appropriate compensation payable as per Industrial Disputes Act, 1947 along with all other statutory dues.

The total production of Gurgaon unit has already been shifted to Keshwana (Rajasthan) unit. This closure does not have any adverse effect on operations of the company as the manufacturing operations shall take place at its manufacturing unit situated in Industrial Area, Keshwana Rajput, Kotputli, Jaipur disctrict in Rajasthan.

Dhanuka Agritech is the umbrella company for the business of agro-chemicals, fertilizers, and seeds of Dhanuka Group.



Peers
Company Name CMP
UPL 538.00
PI Industries 2300.00
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