Indo Tech Transformers Limited has informed the Exchange about obtaining Interim Injunction order
INDOTECH · price
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Awaiting price reaction for this filing.
Indo Tech Transformers has obtained an ad-interim injunction order from the Subordinate Judge court in Kanchipuram against 3 trade unions. The unions had been conducting a sit-in-strike inside the factory, blocking the main entrance, stopping movement of vehicles, and disrupting ingress and egress of personnel. The court restrained the unions from demonstrating, shouting slogans, assembling within 300 meters of the premises, or obstructing operations until 14.07.2025. The next hearing is scheduled for 14 July 2025. This indicates an active labour dispute at the company's manufacturing facility.
Positive for near-term operations as the court order helps the company resume normal factory activity and protect its personnel and assets. However, the underlying labour dispute remains unresolved and the matter is listed for further hearing, so risks to production and employee relations persist.