Please be informed that our MBF has resumed Operations from April 20th, 2025.
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KIC Metaliks has informed BSE that its Mini Blast Furnace (MBF) at the Durgapur Plant has restarted operations from April 20, 2025. This follows an earlier intimation dated February 6, 2025, regarding the shutdown of the same plant. The furnace was therefore non-operational for roughly two and a half months. The disclosure is made under Regulation 30(6) of SEBI's Listing Obligations and Disclosure Requirements. The filing does not mention the reason for the shutdown or the resumption, nor does it provide any financial estimate of the impact.
The restart is a positive development for shareholders as it allows revenue-generating operations to resume after about 2.5 months of idling. However, the absence of details on the shutdown cause or financial impact limits visibility on earnings recovery.