Nilachal Refractories updates on lock out by workmen

On 08 December 2014

Nilachal Refractories announced that the impasse created at factory by the workmen resulting in" lock out" is near settlement in next fortnight.

Although such efforts were made in the past on many occasions and fruitful results were expected but could not materialize. This time the Company is quite hopeful of a settlement with the workmen soon.

Once the situation improves and the Company shall be allowed to enter the premises and thereby complete the legal formalities as laid down under different statutes at the earliest.

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