Bihar Sponge Iron Ltd has submitted to BSE a copy of Disclosure pursuant to Regulation 30(11) of the SEBI (Listing<BR>Obligations and Disclosure Requirements) Regulations, 2015.
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Bihar Sponge Iron Ltd disclosed that its plant operations have been temporarily suspended by M/s Vanraj Steels Private Limited, the party operating the manufacturing facility under a Facility User Agreement signed on 30 December 2020. Vanraj suddenly shut down the plant on the evening of 6 February 2026 without any prior official notice. The company states it has not received any formal communication from Vanraj regarding the closure. The disclosure was made under Regulation 30(11) of SEBI LODR Regulations in response to newspaper/media reports on 7 February 2026 about the temporary suspension of operations. The company has committed to share further updates as the situation develops.
This is an unexpected operational disruption at the company's only manufacturing facility, triggered by the facility user rather than the company itself. It raises uncertainty around production continuity and revenue, and shareholders should watch for further updates on whether operations resume, a revised arrangement with Vanraj, or alternative plans.