Intimation regarding temporary shutdown of paper machine -3 (PM-3) for upgradation and modernization
SATIA · price
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Satia Industries Ltd has announced a temporary shutdown of Paper Machine-3 (PM-3) at its factory in Rupana, Punjab for approximately five months. The shutdown is for upgradation and modernisation of the machine. The company has clarified that all other paper machines and plant operations will continue as usual during this period. The shutdown is planned and not related to any accident or regulatory action. The company will inform exchanges once PM-3 resumes operations.
The temporary shutdown of one machine is unlikely to significantly impact overall production since other machines remain operational. However, the upgradation may improve PM-3's efficiency and output capacity post-revival.