"The government has already sought tender for legal advisors. So, now we have decided to start a mass agitation here tomorrow and demonstrate in Delhi later," a spokesperson of the Bridge & Roof (India) Ltd Employees & Unions said.
A demonstration will be held tomorrow for a few hours at the company's head quarters here without hampering business, the spokesperson said.
The government intends to go in for strategic sale of 99.53% equity and transfer of management control in Bridge & Roof Company, which is under the control of the Ministry of Heavy Industries.
It said the employees were astonished with such a decision as the company is continuously making profits and paying dividend to the government of India.
Bridge & Roof is executing jobs on a nomination basis worth several crores of rupees for the central and state governments and any change in the composition may lead to termination of such contracts, the statement said.