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HIL halts operations at AAC Blocks manufacturing Unit at Golan

20 Nov 2013

HIL has stopped the operations at AAC Blocks manufacturing Unit located at Golan in state of Gujarat. The contract labours have not been reporting to duty since November 15, 2013 onwards without specifying any valid reasons, which has hampered operations at the said unit.

The discussions with the contractor and the contract labour are in progress and the company is making all efforts to amicably resolve this issue as soon as possible.

HIL (formerly known as Hyderabad Industries) is a flagship company of the C K Birla group of companies. HIL has led the cement industry for well over five decades. Today HIL is a multi product, multi location organization with a formidable network of branches, depots, stockists and personnel spread all over India.

HIL Share Price

4312.10 -149.55 (-3.35%) Dec 06, 18:01
1 Year Price Chart
Peers
Company Name CMP
Ultratech Cement 7215.70
ACC 2215.10
Shree Cement 25615.75
Ambuja Cement 370.05
Dalmia Bharat 1795.85
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