Britannia Industries Ltd. is already facing difficulties in the wake of a strike which started today in its Jhagadia facility in Gujarat and has partially hampered operations. The company is actively evaluating the effect of the strike while catering to product demand using available material. Continuous negotiation with employees intends to settle the issue amicably, symbolizing the desire of the company to ensure operating stability and workers' relations.
In spite of the disruptions, Britannia is assuring stakeholders that it is taking measures to contain any long-term impact on production and supply. The situation is fluid, and updates will be given as the negotiations unfold.
Source: NSE India