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Mayur Uniquoters Limited ( (IN:MAYURUNIQ) ) just unveiled an announcement.
Mayur Uniquoters Limited has reported that operations at one of its manufacturing plants in Dhodsar, Rajasthan, have been partially affected after contractual workers called a strike from 9 May 2026, halting production on one coating line. Other plants remain fully operational, and the company does not expect asset damage, with all assets insured against potential loss.
The stoppage is estimated to reduce output by about 15,000 linear meters of material per strike day, as workers demand wage increases beyond those already implemented in line with industry standards and legal requirements. Management is in ongoing discussions with workers and contractors to resolve the dispute amicably, aiming to limit production disruption and operational impact on its synthetic leather supply commitments.
More about Mayur Uniquoters Limited
Mayur Uniquoters Limited operates in the synthetic leather and coated fabric industry, supplying PVC and PU artificial leather for automotive, footwear, furnishing, and other applications. The company runs multiple manufacturing plants, including a facility at Dhodsar in Rajasthan, and caters to both domestic and export markets seeking cost-effective leather substitutes.
Average Trading Volume: 4,718
Technical Sentiment Signal: Strong Buy
Current Market Cap: 27.36B INR
Find detailed analytics on MAYURUNIQ stock on TipRanks’ Stock Analysis page.