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The Board of Directors of Bata India on September 2, 2025, has approved introduction of a Voluntary Retirement Scheme (VRS) for certain eligible workmen at the Batanagar Unit, West Bengal. 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 communicated in due course, as per the Company’s Policy for Determination of Materiality of an Event/information.
At 3.09 pm, Bata was trading at Rs. 1,158, up by 3.81%, with a volume of 0.37 lakh shares on the BSE.
Introduction of a Voluntary Retirement Scheme at Batanagar Unit, West Bengal
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