Walchandnagar Industries Limited announced that this is with reference to earlier intimation dated November 22, 2023 wherein it had intimated that the operations of the plant situated at Walchandnagar were partially affected due to stoppage of production, in view of strike announced by Labour Union with effect from November 22, 2023. Further, it informed that the strike has been called off by the Labour Union on January 03, 2024 and operations of the Company at Walchandnagar Plant which were partially impacted due to strike would be normalized from January 04, 2024. Due to strike of 43 days, the Company lost revenue of around INR 300 Million & overall profitability was also impacted due to loss of revenue.