ANDHRA PAPER LIMITED has informed the Exchange about strikes/lockouts/disturbances
ANDHRAPAP · price
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Andhra Paper has declared a lockout at its Rajahmundry manufacturing unit effective 8:00 AM on July 11, 2025, after workers called by trade unions continued an illegal strike that began on July 6, 2025. The strike is over wage agreement enhancement, and the dispute is pending with the industrial tribunal. Workers had not resumed duties as of July 10, 2025, leading to ongoing production losses of approximately 520 MT per day. All assets at the unit are covered by insurance, and the lockout will remain in force until further notice.
The lockout means continued production stoppage at the Rajahmundry plant, which is the company's key facility, resulting in a daily output loss of around 520 MT. The duration of the disruption and tribunal outcome will be key near-term triggers for the stock; prolonged shutdown could hit revenue while a quick resolution may limit damage.