RUBY MILLS LTD. - 503169 - Update On The Commencement Of Operations At The Kharsundi Plant
This is pursuant to Regulation 30 of SEBI(LODR), 2015 and in continuation to our earlier intimation dated June 15, 2020 concerning illegal strike by the workers at the Kharsundi Processing Plant (' The Plant') of the Company. The Honorable Industries Minister had earlier advised the workers to report to work after completion of the Boiler inspections and to start Operations from 1st July 2020. Partial operations have commenced and one of the Boilers has started operations after the boiler inspection. Further discussions are in progress with the balance work force for full resumption of operations and the operations are expected to commence shortly once the negotiations are fructified and the inspection of the second Boiler is completed.02-07-2020