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Technocraft Industries (India) intimates of labor unrest at its power division

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Capital Market

No adverse impact on production; power supply sourced from MSEDC

Technocraft Industries (India) announced that there is an industrial unrest in the form of illegal labor strike in the Company's power division, resulting in stoppage of generation of electricity for captive consumption.

However, there is no adverse impact in the production of other divisions because the Company is getting sufficient power supply from Maharashtra State Electricity Distribution Company (MSEDC).

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First Published: Mar 11 2016 | 11:48 AM IST

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