In Continuation of our earlier intimation dated 1st September 2020 we would like to update you that our Subsidiary Company Welcast Steels Limited (WSL) in the hope of revival of the economy has decided to continue the Manufacturing Operations at its Industrial Establishment (Factory) situated at Plot No. 15 Phase-1 Peenya Industrial Area Bengaluru 560 058 and withdraw its Closure Notices filed pursuance to Section 25-FFA of the Industrial Dispute Act 1947 (XIV of 1947) on 31st August 2020 with the concerned Authorities to close its Industrial Establishment (Factory) effective from 2nd November 2020.
The workmen have been advised to report to work.