Precision Wires retrencehes 37 workers

Precision Wires India Ltd has announced that the Palej Unit (Gujarat), which contributes only 9% of the total production of the Company has called off the Lay-Off and Retrenched thirty seven workmen on September 01, 2006.

Further the Company has informed that, this will not affect the overall Production of the Company.

Source : Equity Bulls

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