India, Oct. 29 -- The management of UltraTech, Bathinda, has signed two Memorandums of Settlement (MoS) with workers' unions, providing financial benefits worth approximately Rs. 3.36 crore to 217 workers over the next five years.

The agreements were signed on October 14, 2026, with the Centre of Indian Trade Unions (CITU) and the All India Trade Union Congress (AITUC), following conciliation efforts by the Assistant Labour Commissioner (Central), Jalandhar, under the Office of the Chief Labour Commissioner (Central), Ministry of Labour and Employment, Government of India.

Under the settlements, the agreed benefits will be extended retrospectively from the second quarter of the year, subject to the terms and conditions of the respective a...