GlaxoSmithKline Consumer resumes operations at Nabha plant

Image
Press Trust of India New Delhi
Last Updated : Jun 15 2016 | 5:22 PM IST
GlaxoSmithKline Consumer Healthcare today said it has resumed operations at its manufacturing facility at Nabha in Punjab.
The company had suspended operations temporarily at factory from May 21 following disruptions by its workforce who were demanding hike in wages.
"The operations at the said factory have now resumed with effect from June 15, 2016," GlaxoSmithKline Consumer Healthcare said in a regulatory filing.
GlaxoSmithKline Consumer Healthcare produces Horlicks at the plant. Besides, Nabha, the company also has manufacturing facilities at Rajamundry in Andhra Pradesh and Sonepat (Haryana).
It also has third party manufacturing operations at various locations.
The company's stock closed 0.73 per cent lower at Rs 5,575 on BSE.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 15 2016 | 5:22 PM IST

Next Story