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| Exchange Disseminated Time | With reference to the earlier letter dated April 05, 2015, regarding Lockout against the Labour Union and Workmen of the Company’s Jaipur Plant who had indulged in a ‘Go-slow’ action, from March 19, 2015 and subsequently indefinite hunger strike by the Union office bearers with effect from April 02, 2015, Bosch Ltd has now informed BSE that a conciliation meeting was held on April 13, 2015 between the Management and Labour Union supported by the Labour Secretary, wherein it was agreed that the Union will not indulge in a ‘Go-slow’ action and call off their hunger strike immediately and the Company will lift the Lockout with effect from first shift of April 15, 2015.
The Labour Secretary has directed both parties to continue discussions for the long term wage settlement. |
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