TD Power Systems Limited has informed the Exchange about strikes/lockouts/disturbances
TDPOWERSYS · price
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TD Power Systems has informed exchanges that its Workers' Union has issued a strike notice effective on or after September 3, 2025. The strike is in protest against the dismissal of four workmen and the suspension of a few others over proven serious misconduct, which the company says followed proper enquiry processes. The company considers the strike call inappropriate and is in the process of applying for an injunction order to prevent it. The action involves only about 9.8% of the total workforce (including contract workmen) at its Unit I and Unit II plants in Dabaspet, Nelamangala, near Bengaluru. The company has stated that the expected impact on production and operations is insignificant, and all assets remain covered by insurance.
Shareholders need not worry significantly — the strike involves a small section of the workforce and management has flagged the business impact as insignificant. However, if the strike does proceed despite the injunction attempt, it could create short-term operational noise and warrants monitoring for further updates.