Exxaro Tiles Limited has informed the Exchange regarding 'Announcement under Reg 30 of SEBI LODR Reg 2015'.
EXXARO · price
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Exxaro Tiles has informed exchanges that Sabarmati Gas Limited has imposed restrictions on gas supply citing a force majeure event linked to the ongoing Middle East conflict and its ripple effect on global energy markets. The company's Talod manufacturing units may face limitations on daily contracted gas quantity and restrictions on Non-MGO gas usage until further notice. The company says the impact on production will be temporary and partial. It is exploring alternate fuel options and operational adjustments to maintain output. Management states there is no material impact on overall business, as current inventory levels are adequate and dispatches are continuing normally.
This is a supply-chain headwind, not a plant-level disaster, and management downplays any material earnings risk. Short-term production at the Talod unit could be modestly affected, but with adequate inventory and alternative fuel plans, shareholders are unlikely to see a significant impact on financials.