As part of the deal, MSI will reinstate all the sacked 11 workers and take a lenient approach on enforcing no-work-no- pay rule of eight day's salary cut for every single day of the strike.
On the other hand, the worker's have conceded to the management's demand of not allowing the formation of a second union in the company.
"Agreement has been signed and workers have decided to call off the strike. They will resume work from tomorrow", Haryana Labour Secretary Sarban Singh said.
He said the company has decided to reinstate all the 11 sacked employees and a disciplinary inquiry will be initiated against them.