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| Exchange Disseminated Time | Bosch Ltd has informed BSE that the Labour Union of the Company’s Jaipur plant has called for a ‘one day strike’ on March 20, 2015 in connection with the ongoing wage settlement.
The wage negotiations have been going on since last 20 months. Labour Commissioner and Joint Labour Commissioner had convened multiple conciliatory meetings between the Company management and members of Labour Union.
The Management is in discussion with the Union to close the wage negotiations with the intervention of the Joint Labour Commissioner, Jaipur in a fair but firm manner.
The Company does not foresee any significant financial impact due to the one day strike. |
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