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Bata India Approves Voluntary Retirement Scheme at Hosur Unit
Bata India Limited
January 8, 2026, 10:11 AM
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Bata India Limited has announced the introduction of a Voluntary Retirement Scheme (VRS) for all eligible workmen at its Bata Shatak Unit in Hosur. The decision was considered and approved by the Board of Directors on January 8, 2026.
The company stated that the implementation of this VRS is expected to be mutually beneficial for both the workmen and the company. Further details regarding the status of the VRS implementation and its financial impact will be ascertained and communicated in due course, in line with the company's policy for determining the materiality of events or information.
This intimation is made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Other disclosures as per SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, which are not applicable to this announcement, have not been separately commented upon.
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