BSECompany Update1d ago · 19 Aug 2026, 04:13 pm

Please find attached disclosure related to the Factory of the company situated at Kudus, Wada, Palghar District Maharashtra

Onida Electronics Ltd · 500279

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Onida Electronics Ltd has reached an understanding with a union of workers at its Wada factory, resulting in the majority of permanent workers tendering their resignation and agreeing to a mutual settlement.

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Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk3/10
Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment4/10

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Onida Electronics Ltd - 500279 - General Update

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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