ANDHRA PAPER LIMITED has informed the Exchange about strikes/lockouts/disturbances
ANDHRAPAP · price
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Andhra Paper Limited has disclosed a partial disruption at its Kadiam Unit manufacturing facility due to an illegal strike by contract workmen. The strike began on April 27, 2026, with workers demanding higher wages and better benefits from their third-party contractors. The company's permanent workforce is not involved in the strike. Operations continue with limited disruption, and the company has implemented contingency measures. Estimated production loss is 70 MT per day. The cumulative impact remains below the materiality threshold of ₹15.85 crore, and Rajahmundry Unit operations are unaffected.
The strike has caused partial production disruption at one facility but remains below materiality thresholds. No material impact on overall financial performance is expected, though continuation of the strike could increase losses.