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Gokak Textiles declates lock-out at its manufacturing plant in Selgaum, Karnataka

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Capital Market

On 17 March 2016

Gokak Textiles updated about the continued deterioration of the situation caused by the illegal flash strike by a section of workmen since 09 March 2016 and the threat being made of physical harm to the workmen witting to work, the supervisory and managerial staff. Therefore, in the interest of safety of the workmen, equipments, raw material and other property of the Company, the Company in response to the illegal strike has declared a lock-out on 17 March 2016 from 6.00 A.M. at its Gokak Mills, manufacturing plant of the Company at Gokak Falls, Dist Selgaum, Karnataka Slate.

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First Published: Mar 17 2016 | 11:50 AM IST

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