ANDHRA PAPER LIMITED has informed the Exchange about strikes/lockouts/disturbances
ANDHRAPAP · price
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Andhra Paper Limited has revoked the lockout at its Rajahmundry (East Godavari District, Andhra Pradesh) paper manufacturing unit, effective 5:00 PM on July 12, 2025. This follows earlier intimations dated July 7 and July 11, 2025, about the labour disturbance. The management and trade union representatives have reached an amicable settlement to end the deadlock. All workmen have been asked to report for duty as per their shift schedules, starting with the C Shift at 10:00 PM on July 12, 2025.
Operations at the Rajahmundry plant are set to resume, which is positive as it removes the production and revenue disruption risk for shareholders. A quick, peaceful resolution limits the financial impact of the brief stoppage.