Tyre maker MRF Ltd on Monday declared a lockout at its Arkonam plant in Tamil Nadu following labour unrest in the factory.
"The management has declared lockout at the company's manufacturing plant situated at Arkonam in Tamil Nadu with effect from 3 pm, on May 17 on account of labour unrest in the factory," the company said in a filing to the Bombay Stock Exchange.
About 3,000 employees of MRF in Arkonam and Puducherry were on a 'sit-in' strike within the premises of the respective facilities since May 9.
The workers went on strike as they were 'disappointed with the management as the company denied recognition to it' and 150 labourers were also dismissed by the management so far.
The Arkonam plant produces 10,500 radial tyres a day, while MRF's Puducherry unit makes 26,000 units of tyre and 42,000 tubes a day.
