Announced Thu, 14 May · 16:33 IST

Intimation for Resumption of Operations at Chiplun Plant

Plant RestartedCapex & Operations View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+15.3%1-day move
₹25.80
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+15.3+2.0+2.7+0.8+3.7+0.8-0.8-4.7
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AI summary

Three M Paper Boards Ltd has announced the resumption of operations at its Chiplun Plant in Maharashtra, effective May 14, 2026. The plant had been temporarily shut down due to a breakdown of certain parts of the Alternator and the AVR (Automatic Voltage Regulator). The required repair and replacement work has been completed, allowing the plant to recommence its manufacturing activities. This is a routine operational matter rather than a regulatory or safety-related shutdown.

Likely market impact

The resumption of operations is positive for the company as it restores production capacity. The shutdown was relatively short-term and equipment-related, with minimal financial impact expected. Shareholders can expect normal production levels to resume at the Chiplun facility.