Indo Tech Transformers Limited has informed the Exchange about Action(s) initiated
INDOTECH · price
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Indo Tech Transformers has filed an injunction suit on July 02, 2025, before the Subordinate Judge's Court in Kanchipuram to protect its assets, operations, and employee safety from anticipated disturbances by trade unions at its Kancheepuram (Registered Office) factory. The company stated that production and delivery of products/jobs may be partially affected due to the situation. Any potential loss or damage will not be covered by insurance. The financial impact cannot be quantified at this stage and will depend on the extent of disruption. The company has assured it is taking all necessary steps to ensure business continuity and employee safety, and will update the exchanges on further court proceedings.
Investors should note the risk of partial production and delivery disruptions at the Kancheepuram factory due to labor/trade union tensions, which could affect near-term operational performance. The proactive legal action is aimed at minimizing disruption, but uncertainty around the outcome remains.