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ANDHRA PAPER LIMITED — Regulatory Filings 2025
Jan 6, 2025
61332_rns_2025-01-06_80dc0f1d-81ba-4f16-a0ca-9afe2b00f9cf.pdf
Regulatory Filings
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January 6, 2025
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BSE Limited, National Stock Exchange of India Ltd. 14[th ] Floor, P.J. Towers, “Exchange Plaza”, Dalal Street, Bandra-Kurla Complex, MUMBAI - 400 001 Bandra (E), MUMBAI - 400 051 ( Scrip Code No. 502330 ) ( Symbol – ANDHRAPAP; Series – EQ
Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”)
Dear Sir / Madam,
This is with reference to our letter dated January 3, 2025, wherein we had informed that operations of the Manufacturing plant situated at Unit: Rajahmundry has been disrupted due to strike of workers called by the Workers Trade Unions w.e.f. January 03, 2025. The local administration is seized of the matter and the dispute has been referred to the industrial tribunal for adjudication.
Therefore, the Management appealed to the workmen to call off the strike as the strike is now deemed illegal and leading to loss of production and requested them to resume their duties. However, the workmen are continuing the strike and didn’t resume duties until January 5, 2024.
Considering the prevailing situation and keeping in mind the safety of employees, plant and machinery, materials and other assets, the management has declared a lockout with effect from January 6, 2025 at 06.00 AM at the Rajahmundry unit to prevent any untoward incident and it shall continue till further notice in this regard.
The details as required under Regulation 30 of SEBI (LODR) Regulations read with SEBI circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 is enclosed as Annexure A.
The above information shall be available on the website of the Company at www.andhrapaper.com.
Please take the above on record.
Thanking you,
Yours faithfully,
For ANDHRA PAPER LIMITED
BIJAY KUMAR Digitally signed by BIJAY KUMAR SANKU SANKU Date: 2025.01.06 13:16:02 +05'30'
BIJAY KUMAR SANKU COMPANY SECRETARY
Encl: As above
ANDHRA PAPER LIMITED
(Corporate Identity Number: L21010AP1964PLC001008)
Regd. Office: Rajamahendravaram – 533 105, East Godavari District, India. Tel: +91-883-2471831 Corp. Office: 31, Chowringhee Road, Park Street, Kolkata – 700 016, India. Tel: +91-33-71500500 Website: www.andhrapaper.com; Email: [email protected]
An ISO 9001:2015, ISO 14001:2015, ISO 45001:2018 Certified Company
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Annexure – A
The Disclosure required under Regulation 30 of the SEBI (Listing obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.
| Sr. No. | Particulars | Description | Description | ||
|---|---|---|---|---|---|
| 1 | Expected quantum of loss / damagecaused | None | |||
| 2 | Whether loss / damage covered byinsurance or not includingamount | Yes, all assets are covered | by insurance. | ||
| 3 | Estimate impact on operations /production | Loss of production per day is approximately is510 MT | |||
| 4 | Factory / Unit where the strike has | Rajahmundry Unit, | |||
| occurred including reasons for such | East Godavari, | ||||
| strike | Andhra Pradesh – 533105. | ||||
| Reasonsforstrike: | Illegal | strike | for | ||
| enhancement of wages | with unreasonable | ||||
| demands and to prevent any untoward | |||||
| incident. |
Yours faithfully, For ANDHRA PAPER LIMITED
BIJAY KUMAR Digitally signed by BIJAY KUMAR SANKU SANKU Date: 2025.01.06 13:16:22 +05'30'
BIJAY KUMAR SANKU COMPANY SECRETARY
ANDHRA PAPER LIMITED
(Corporate Identity Number: L21010AP1964PLC001008)
Regd. Office: Rajamahendravaram – 533 105, East Godavari District, India. Tel: +91-883-2471831 Corp. Office: 31, Chowringhee Road, Park Street, Kolkata – 700 016, India. Tel: +91-33-71500500 Website: www.andhrapaper.com; Email: [email protected]
An ISO 9001:2015, ISO 14001:2015, ISO 45001:2018 Certified Company