Hindustan Aeronautics has informed that pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, a Memorandum of Understanding (MOU) has been signed on 10th December, 2019 between Workmen and the Management of the Company on revision of Wage Structure with effect from 1st January, 2017 and Productivity Improvement & other related matters.
The above information is a part of company’s filings submitted to BSE.