ANDHRA PAPER LIMITED has informed the Exchange about strikes/lockouts/disturbances

ANDHRAPAP · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+0.3%1-day move

₹66.59

prior close

₹66.32

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-0.5+1.0+2.0+2.3+0.3+3.0+4.2+4.4+1.6-1.3-5.7-7.2-7.1—

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AI summary

Andhra Paper Limited has declared a lockout at its Kadiyam manufacturing unit in East Godavari, Andhra Pradesh, effective from May 1, 2026 at 10:00 PM. The lockout was triggered by an illegal strike by contract workmen that began on April 27, 2026, who were demanding higher wages and benefits from their third-party contractors. Despite management's repeated appeals to end the strike, the workmen did not comply. The company reports an estimated production loss of 70 MT per day. No physical damage to plant assets has occurred, and all insurable assets remain adequately covered. The lockout will remain in force until further notice.

Likely market impact

The lockout will cause a significant daily production loss of 70 MT, directly impacting revenue and potentially affecting near-term financial performance. The stock may see negative sentiment until the dispute is resolved and operations normalize.