NSEGeneral Updates23h ago · 19 Aug 2026, 04:10 pm
General Updates
Onida Electronics Limited · ONIDA
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Onida Electronics Limited has disclosed an understanding reached with one of the permanent workers' unions at its Wada factory, resulting in the majority of permanent workmen employed at the factory tendering their resignation and agreeing to a mutual settlement.
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Governance Concern4/10
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ONIDA: Please find attached disclosure related to the factory of the company situated at Kudus, Wada, Palghar district.
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MIRCELECTR_19082026160538_DisclosureforKudusWada19082026.pdf
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August 19, 2026 Ref. No. 41/2026-27
BSE Limited National Stock Exchange of India Limited
P.J. Towers, Dalal Street. Exchange Plaza, C-1, Block G,
Mumbai-400 001. Bandra Kurla Complex, Bandra (East),
Mumbai – 400051
Scrip Code – 500279 Symbol – ONIDA
Through: BSE Listing Centre Through: NEAPS
Subject: Disclosure under Regulation 30 of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015 – Understanding with one of the
Union of Workers at Wada Factory
Dear Sir/Madam,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, we wish to inform you that, aligning with the
Company’s present business objective, understanding reached between the Company
and one of the permanent workers’ unions representing the majority of workers
employed at the Company’s factory situated at Kudus, Wada, Palghar District,
Maharashtra, for mutual settlement.
Pursuant to the aforesaid understanding, majority of permanent workmen employed at
the Wada factory have tendered their resignation from the services of the Company
and have agreed to the terms of the mutual settlement.
This disclosure is being made in compliance with the applicable provisions of
Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015.
You are requested to take the above information on record.
Thanking you,
For Onida Electronics Limited
(Formerly known as MIRC Electronics Limited)
Kaval Mirchandani
Whole-time Director
DIN: 01179978
ONIDA ELECTRONICS LIMITED
(Formerly known as MIRC Electronics Limited)
Regd. Office: Onida House, G-1, M.I.D.C, Mahakali Caves Road, Andheri (East), Mumbai-400 093.
Tel.: +91-22-6697 5777
CIN No.: L32300MH1981PLC023637. Website: www.onida.com