Disclosure of Temporary closure of commercial operations of Steel Melting Shop of Rathi Steel and Power Limited
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Rathi Steel & Power Ltd has announced a temporary shutdown of its Steel Melting Shop located at Ghaziabad, Uttar Pradesh, starting April 15, 2025, for up to two weeks. The closure is for revamping, refurbishment, replacement of equipment, and routine maintenance work. The shop produces Steel Billets, which are intermediate products used internally for the company's final output. No sale of the unit or division is involved, and the closure is purely operational in nature.
This is a short, planned maintenance shutdown and is unlikely to materially impact the company's business or financials. Shareholders should not expect any significant disruption to operations.