Operations disrupted at Chennai plant due to heavy rains
SPLPETRO · price
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Supreme Petrochem has temporarily stopped manufacturing at its Manali, Chennai plant after heavy rains and flooding hit the facility. Water discharged from nearby reservoirs into the adjoining canal entered the plant premises, flooding the area. The disruption is due to natural causes, not a plant-level accident or regulatory action. The company has informed the exchanges under SEBI LODR Regulation 30.
Short-term production loss likely; financial impact depends on how long operations stay halted. Watch for update on resumption.