"Balmer Lawrie & Company Ltd has informed BSE that the execution of a Voluntary Separation Package for closure of SBU: IP, Sewree, Mumbai (Strategic Business Unit-Industrial Pacakaging) of the company has been so far accepted by 97 per cent employees of SBU: IP, Sewree.
"The consent of the residual employees has also been obtained and we hope to release them by next week whereafter the execution of the package shall be completed," the company said in a filing to the Bombay Stock Exchange (BSE).
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