Tyre maker MRF said Tuesday a large number of workmen at its manufacturing plant at Tiruvottiyur near Chennai are on strike since February 2.
The strike is illegal and the notice of the strike, including reasons for the same, has not been served on the company, MRF Ltd said in a regulatory filing.
The workmen are objecting to the installation of CCTV cameras in the factory premises, it added.
"It may also be noted that installation of CCTV cameras is a requirement under the prevailing laws in Tamil Nadu," MRF said.
The company's management is also making efforts to reach an amicable settlement with the Union regarding wage revision agreement, it added.
"The same has been inconclusive and consequently the same is pending for adjudication before the Industrial Tribunal in Chennai," the tyre maker said.
The operations of the factory are being partly continued with the help of the workmen who are not part of the strike, it said adding that the company is taking necessary steps to restore normalcy at the earliest.
The Tiruvottiyur factory is one of the nine factories that MRF currently operates across the country.
MRF shares Tuesday ended 0.19 per cent down at Rs 54,320.55 apiece on BSE.
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
