The Managing Director of Muthoot Finance company was injured after miscreants allegedly pelted his vehicle with stones here on Tuesday morning.
George Alexander Muthoot, who suffered head injury has been admitted to a private hospital, police said.
A section of employees have been agitating against the Muthoot management over dismissal of 160 staff from the company's 43 branches across the state in December.
The protest is being held under the aegis of the Centre of Indian Trade Unions (CITU).
The Muthoot management alleged that "CITU goons" were behind the attack that occurred at around 9 am in front of IG office here.
However, the CITU rejected the allegations, saying the trade Union outfit has no role in the incident.
"We don't believe in such type of violent mode of agitation", CITU leader Ananthalavattom Anandan told media.
An official of the Confederation of Indian Industries Kerala chapter condemned the incident, saying "it is a matter of great concern".
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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