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Maruti Suzuki stock slipped about 2.53 per cent to Rs 1,084.95 on the BSE today.
The company on Sunday dismissed 10 workers, terminated five trainees and suspended 10 employees in connection “with the strike and violence at the Manesar factory premises’’.
It may be recalled that the staff union had signed an agreement with the company management on October 1 in the presence of the Haryana Government officials.
As per the agreement, the workers had agreed to sign the good conduct bond laid down by the management. Further, while the company had agreed to reinstate 18 trainees, 44 regular employees were to be suspended.
The company is scheduled to announce its Q2 results on October 29.
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