Regulation 30 - Intimation under Regulation 30 of SEBi(LODR)
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Three M Paper Boards Ltd has informed BSE that certain parts of the Alternator and AVR (Automatic Voltage Regulator) at its Chiplun Plant in Maharashtra have suffered a breakdown. The AVR has been replaced and the Alternator repair is currently in progress. As a result, operations at the Chiplun Plant have been temporarily halted. The company states it is taking all necessary steps to restore operations at the earliest possible time. No timeline for restart has been provided.
The temporary shutdown of the Chiplun Plant may disrupt production and impact near-term revenue until operations resume. The extent of impact will depend on the duration of the shutdown and inventory levels.