M&M says court rules plant strike illegal
M&M says court rules plant strike illegal
Mumbai: A court has declared a strike at an automotive plant of Mahindra & Mahindra as illegal and has ordered workers to report to their shifts, the leading utility vehicle maker said on Thursday.
The Nashik industrial court in western India ruled on Wednesday the tool-down strike, which started on May 4 in protest against disciplinary action against a union leader, was unjustified, the company said in a statement to the stock exchange.
The court ordered the strike to be called off within 48 hours, it said.
“They are advised to report for their work in their respective shifts at the earliest," the company said, quoting the court order.
The plant, which has a production capacity of 150,000 vehicles annually, produces its flagship Scorpio utility vehicle and the Renault Logan sedan car.
The company had said the strike would temporarily affect production.
Shares in Mahindra were trading down marginally at Rs507.30 at 10:33 am in a Mumbai market which was down 1.7%.
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