Don’t miss the latest developments in business and finance.

Board of Ashok Leyland approves introduction of VRS

Image
Capital Market
Last Updated : Nov 20 2020 | 5:04 PM IST

At meeting held on 06 November 2020

The Board of Ashok Leyland at its meeting held on 06 November 2020 has approved the introduction of Voluntary Retirement Scheme (VRS) for all eligible employees of the Company. The VRS will be implemented over a period of 9 months at the Company offices/factory locations.

VRS upon implementation and execution will help optimize the capacity and resources of the Company.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Nov 20 2020 | 4:44 PM IST

Next Story