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Prism Johnson update on VRS initiative

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Capital Market
Prism Johnson announced that pursuant to the voluntary separation scheme offered by the company, it has rationalised 49 workers at one of its tile manufacturing facilities located at Kunigal, Karnataka during January-February 2021. The one-time financial impact on account of such rationalisation is approximately Rs 6 crore, which has been met out of the internal accruals of the Company.

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First Published: Feb 12 2021 | 10:11 AM IST

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