Update on Disruption in Operations at some of the manufacturing sites at Haridwar

Akums Drugs and Pharmaceuticals experienced industry-wide labour unrest at its Haridwar manufacturing sites in Uttarakhand, triggered by state authorities reviewing minimum wages. The disruption affected all major industrial towns in the state, impacting multiple sectors beyond pharmaceuticals. No property damage was reported, and production losses are covered under the company's industrial insurance policy. Operations resumed at over 70% capacity from 16th May 2026, with progressive improvement expected. Other manufacturing locations remained stable and continued as usual. The company will claim insurance for production losses in due course.