Brief: Hind Rectifiers Says Registered Trade Union And Co Have Mutually Decided To Settle Issue

Hirect

22/12/2023 11:03

Dec 22 (Reuters) - Hind Rectifiers Ltd  HRCT.NS :
    * REGISTERED TRADE UNION AND CO HAVE MUTUALLY DECIDED TO
SETTLE
ISSUE AND HAVE ENTERED INTO AN AMICABLE AGREEMENT
    * CO WILL OFFER OPTION OF VOLUNTARY RETIREMENT TO UNIONIZED
WORKERS
    * IN LIEU OF SAME UNION WILL WITHDRAW ALL MATTERS FILED BY
THEM
AGAINST CO
    * AGREEMENT HAS BEEN EXECUTED BETWEEN CO AND UNION

Source text for Eikon:  ID:nBSEFG6j2 
Further company coverage:  HRCT.NS 

 ((Reuters.Briefs@thomsonreuters.com;))