Date: August 19, 2026

Operational / Strategic Disclosures

Labor Settlement at Wada Factory

  • The company reached a mutual settlement agreement with one of the permanent workers' unions representing the majority of workers employed at the company's factory situated at Kudus, Wada, Palghar District, Maharashtra
  • The settlement aligns with the company's present business objectives
  • Pursuant to the understanding, the majority of permanent workmen employed at the Wada factory have tendered their resignation from the services of the company
  • The workers have agreed to the terms of the mutual settlement
  • The disclosure is made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015