Disclosure of Temporary closure of commercial operations of Steel Melting Shop of Rathi Steel and Power Limited

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Price reactionminutes from the announcement price · days from the prior close

-3.8%Reaction day

₹32.38

prior close

₹32.25

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.8%-4.6% vs market

Iron & Steel Products peers, median of 88sector+0.5%-4.3% vs sector

On the reaction day the stock moved 4.6 pts less than Nifty Microcap 250 and 4.3 pts less than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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10m

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15m

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30m

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Sessions after the filingfrom the prior close

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Reaction day

-3.8+0.8-4.6+0.5-4.3

Next day

-1.8+1.6-3.4+0.7-2.5

-2.7+3.1-5.8+2.1-4.9

-2.8+4.0-6.7+3.2-6.0

-1.8+4.0-5.8+3.3-5.0

-0.6+4.4-5.0+2.6-3.2

-5.5+1.6-7.1+0.6-6.0

15d

-13.5-1.7-11.8-5.0-8.5

-2.6+8.1-10.7+3.4-6.0

-14.5+13.3-27.7+6.5-21.0

-5.5+16.9-22.4+10.8-16.4

UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 88Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

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.

Likely market impact

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.