BSEHighPositive
Announced Mon, 2 Jun · 18:45 IST
With reference to the above cited subject and further to our letter dated 24th March, 2025 regarding the commencement of the Strike at the Company''s plant located at Jhagadia, Gujarat, ....
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Britannia Industries has informed exchanges that the worker strike at its Jhagadia plant in Gujarat, which began on 24th March 2025, has been called off. The company stated that operations at the plant have been completely restored. Importantly, Britannia clarified that there is no material impact on the company from the strike. This update was filed under SEBI's Listing Regulations disclosure requirements on 2nd June 2025.
Likely market impact
Removes a near-term overhang on Britannia's production capacity and supply chain. With no material financial impact stated, shareholders are unlikely to see any meaningful hit to earnings, and the resolution may be viewed mildly positively by the market.