Resumption Order in relation to operations of Steel Melting Shop of the Company
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Rathi Steel & Power has received an order from the Commission of Air Quality Management in NCR and Adjoining Areas, dated November 12, 2025, allowing it to restart commercial operations at its Steel Melting Shop in Ghaziabad, Uttar Pradesh. The shop had been shut down earlier (as disclosed on October 29, 2025) and the company must now comply with specified conditions within a stipulated timeframe to continue operations. The unit produces M.S. and S.S. Billets.
Positive for shareholders as operations can now resume, potentially restoring revenue from the steel melting unit. However, compliance with the conditions must be monitored, as any failure could lead to another shutdown and impact production and earnings.