GTN Industries Ltd has informed that manufacturing operations at the Company's Yarn Processing Unit located at Shadnagar are temporarily suspended illegally by workers with effect from August 11, 2012 (from 3rd Shift onwards) on account of opposition to existing approved wage settlement. The problem is inter-union rivalry and some of die workers are not ready to accept the wage settlement.
GTN Industries Ltd has informed that manufacturing operations at the Company's Yarn Processing Unit located at Shadnagar are temporarily suspended#
All the efforts are being made by the Management to resolve the issue and to bring normalcy. There has been series of meeting held with Labour Department / Union and it is expected that the matter shall be resolved shortly.
GTN Industries Ltd
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