The Ministry of Labour and Employment announced on 29 October 2026 that two Memorandums of Settlement were signed on 14 October 2026 between the management of UltraTech, Bathinda, and workers' unions. These agreements, facilitated by the Assistant Labour Commissioner (Central), Jalandhar, will provide approximately ₹3.36 crore in financial benefits to 217 workers over the next five years. The benefits will be applied retrospectively from the second quarter of the year. This settlement affects the workers and management at the Bathinda facility.
Key points
- Total financial benefit: Approximately ₹3.36 crore
- Beneficiaries: 217 workers of UltraTech, Bathinda
- Payment period: Over the next five years
- Retrospective effect: Benefits apply from the second quarter of the year
When it applies
Counted from 2026-10-14, dated 29 October 2026.
- signing of Memorandums of Settlement
- Over the next five years extension of financial benefits
Who it affects
- workers of UltraTech, Bathinda