Mumbai, April 14 -- Walchandnagar Industries (WIL) said that it has withdrawn its earlier suspension of operations order and instead declared a lockout at its Satara manufacturing plant, effective 12 April 2025.

The plant had initially suspended operations on 20 March 2025, citing violent collective acts by workmen. The unrest reportedly broke out as the company attempted to relocate workers from Satara to its other facility in Walchandnagar, Pune district, as part of an internal restructuring to offer meaningful work. The temporary shutdown was costing the company an estimated Rs 10 lakh per day in lost production.

In the latest regulatory filing, WIL clarified that while the Satara unit remains under lockout, its other manufacturing p...