Bata India announces VRS at Bata Shatak Unit, Hosur

The Board of Directors of Bata India Limited has today, i.e. on December 30, 2024, considered and approved introduction of a Voluntary Retirement Scheme (VRS) for all eligible workmen at the Bata Shatak Unit, Hosur. The Company believes that implementation of the VRS will be mutually beneficial to the workmen and the Company.

Status of implementation of the aforesaid VRS and financial impact thereof will be ascertained and announced in due course.

Shares of Bata India Limited was last trading in BSE at Rs. 1383.20 as compared to the previous close of Rs. 1350.50. The total number of shares traded during the day was 62223 in over 4617 trades.

The stock hit an intraday high of Rs. 1422.00 and intraday low of 1348.85. The net turnover during the day was Rs. 87084882.00.

Source : Equity Bulls

Keywords

BataIndia INE176A01028 Footwear VRS ShatakUnit Hosur