Mayur Uniquoters Dhodsar Strike Resolved; Plant Fully Operational After Rs. 1.50 Crore Revenue Loss

2 min read     Updated on 13 May 2026, 09:27 AM
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Mayur Uniquoters informed stock exchanges that the contractual worker strike at its Dhodsar, Rajasthan plant was called off on May 11, 2026, with the facility now fully operational. The strike, which began on May 9, 2026, impacted one coating line causing an estimated daily loss of 15,000 Linear Meters and a total revenue loss of around Rs. 1.50 Crores. The company has outlined strategies to ramp up production and confirmed no property damage occurred during the disruption.

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Mayur Uniquoters , a manufacturer of Artificial Leather and PVC Vinyl, has informed the stock exchanges that the contractual worker strike at its Dhodsar manufacturing plant in Rajasthan has been called off on May 11, 2026. The company had earlier disclosed on May 10, 2026, that one coating line at the Dhodsar facility had been partially shut down following a strike by contractual workers effective May 9, 2026. With the resolution of the dispute, the Dhodsar plant is now fully operational.

Strike Background and Operational Impact

The industrial action, which commenced on May 9, 2026, had resulted in the stoppage of production in one coating line at the Dhodsar facility, causing an estimated daily production loss of 15,000 Linear Meters. All other manufacturing plants of the company had remained fully operational during the period of disruption. The strike was called by contractual workers demanding a further increase in wages, despite the company having already revised wages in line with industry standards and applicable laws.

The key details of the incident, as disclosed under Annexure-A of the regulatory filing, are summarised below:

Parameter: Details
Affected Facility: Mayur Uniquoters Limited, Dhodsar, Rajasthan 303712
Strike Effective Date: May 9, 2026
Strike Called Off Date: May 11, 2026
Production Lines Affected: One (1) coating line
Estimated Daily Production Loss: 15,000 Linear Meters per day of strike
Revenue Loss Due to Strike: Rs. 1.50 Crores
Insurance Amount Claimed: Not applicable — no loss/damage to property reported

Financial Impact

According to the company's updated disclosure filed on May 12, 2026, the strike resulted in a revenue loss of around Rs. 1.50 Crores, with overall profitability also impacted due to the loss of revenue. No damage to the company's property was reported during the strike period, and accordingly, no insurance claim has been raised. Mayur Uniquoters has indicated that it has chalked out strategies to ramp up production within the next two days to restore full normalcy.

Resolution and Company Response

Mayur Uniquoters confirmed that the issues raised by the contractual workers have been resolved, leading to the withdrawal of the strike. The company stated that it had remained in continuous discussion with the concerned workers and contractors throughout the period of disruption to facilitate an amicable settlement. The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and was filed and signed by Kapil Arora, Company Secretary and Compliance Officer (M. No. – ACS 57885), on May 12, 2026.

Historical Stock Returns for Mayur Uniquoters

1 Day5 Days1 Month6 Months1 Year5 Years
+1.34%+4.53%+32.88%+71.97%+45.02%+68.50%

Will Mayur Uniquoters' concession to contractual workers' wage demands set a precedent that could trigger similar strikes at its other manufacturing facilities?

How might recurring labor disputes at the Dhodsar plant affect Mayur Uniquoters' long-term strategy regarding automation or reduction of contractual workforce dependency?

Could the Rs. 1.50 Crore revenue loss and production disruption impact Mayur Uniquoters' order fulfillment commitments to key automotive or export clients in Q1 FY27?

Mayur Uniquoters Board Meeting Scheduled on May 19, 2026 to Consider Q4FY26 Results and Final Dividend

1 min read     Updated on 11 May 2026, 10:54 PM
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Mayur Uniquoters has scheduled a board meeting on May 19, 2026, to consider audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The board will also deliberate on recommending a final dividend, if any, on equity shares for FY ended March 31, 2026, subject to shareholder approval at the 33rd Annual General Meeting. The Trading Window for the company's shares remains closed from April 01, 2026 until 48 hours after the declaration of results, in compliance with SEBI insider trading regulations.

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Mayur Uniquoters , a manufacturer of Artificial Leather/PVC Vinyl, has notified the stock exchanges of an upcoming board meeting scheduled for Tuesday, May 19, 2026. The intimation was filed pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting will be held at the company's registered office located at Jaipur-Sikar Road, Village Jaitpura, Tehsil Chomu, Jaipur – 303704.

Key Agenda Items

The board meeting has been convened to consider and approve the following matters, as detailed in the company's exchange filing:

Agenda Item: Details
Financial Results: Audited Standalone and Consolidated Financial Results for Q4 and FY ended March 31, 2026
Financial Statements: Statements of Assets and Liabilities as at March 31, 2026 and Cash Flow Statement for FY ended March 31, 2026
Auditor Report: To take on record the Audited Report on the above financial statements
Final Dividend: Recommendation of final dividend, if any, on equity shares for FY ended March 31, 2026, subject to member approval at the 33rd AGM

Trading Window Closure

In accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the company's Code of Conduct for Prevention of Insider Trading, the Trading Window for dealing in the shares of Mayur Uniquoters has remained closed since Wednesday, April 01, 2026. The closure will continue until 48 hours after the declaration of financial results for the quarter and financial year ended March 31, 2026. This restriction applies to all Directors, Promoters, Designated Persons, and their immediate relatives as covered under the applicable SEBI regulations.

The company's intimation, bearing reference number MUL/SEC/2026-27/08 and dated May 11, 2026, was signed by Kapil Arora, Company Secretary and Compliance Officer (ACS 57885). The notice has also been hosted on the company's official website at www.mayuruniquoters.com .

Historical Stock Returns for Mayur Uniquoters

1 Day5 Days1 Month6 Months1 Year5 Years
+1.34%+4.53%+32.88%+71.97%+45.02%+68.50%

How might Mayur Uniquoters' FY2026 revenue and margin performance compare to its peers in the artificial leather and PVC vinyl segment amid evolving raw material cost pressures?

Will the board recommend a higher final dividend for FY2026 compared to previous years, and what does that signal about the company's cash flow outlook and capital allocation strategy?

How could potential growth in the Indian automotive sector — a key end-market for artificial leather — influence Mayur Uniquoters' order book and capacity utilization going into FY2027?

More News on Mayur Uniquoters

1 Year Returns:+45.02%