Intimation of re-comencement of commercial operations of Steel Melting Shop of the Company under Regulation 30 read with Schedule III of Listing Regulations.
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Rathi Steel & Power has restarted commercial operations at its Steel Melting Shop located at C-4, S.S.G.T Road, Industrial Area, Ghaziabad, Uttar Pradesh, effective April 29, 2025. The shop manufactures Steel Billets. This follows an earlier intimation on April 15, 2025, which had informed the exchange about the disruption. The filing has been made under SEBI Listing Regulations to formally disclose the restart.
The resumption of the Steel Melting Shop means billet production is back online, which should help restore revenue contribution from this unit. For shareholders, this is a positive operational update, though the earlier 14-day stoppage may have already been priced in.