JK Paper Limited — Updates, 18-04-2025: Strikes/Lockouts/Disturbances
18-04-2025 | 05:33 pm
18-04-2025 | 05:33 pm
JK Paper Ltd. has announced a board meeting on the resolution of a strike at its CPM unit in Fort Songadh, Gujarat, which ended on April 17. The trade unions representing a section of workers have settled their wage demands and staff have returned to their normal shift schedules. This resolution is expected to stabilize operations at the facility, potentially improving productivity and financial performance moving forward. From an investor perspective, this could create a positive outlook as operations resume without prolonged disruptions.
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