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Deepak Fert
BSE: 500645NSE: DEEPAKFERTISIN: INE501A01019

4th-Jan-2013 08:29Source: BSE

Deepak Fert - Updates

Deepak Fertilisers & Petrochemicals Corporation Ltd has informed BSE about the following :

The workers working at the Company''s Plant situated at Plot No. K-l, MIDC Industrial Area, Taloja, Dist. Raigad, Maharashtra, have gone on a strike from January 03, 2013 on account of dispute over disciplinary action taken by the management, productivity issues and wage settlement.

The management has approached the Labour Commissioner for conciliation and is taking necessary steps to ensure that the situation will be resolved amicably at the earliest.

The Company''s new TAN Plant at K-7 and K-8 MIDC Industrial Area, Taloja. Dist. Raigad, Maharashtra, is unaffected by the above mentioned strike and normal operations continue. The Company''s outsourced business in fertilisers and chemicals is also not affected.

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