Aditya Birla Nuvo Ltd has announced with reference to 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.
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.