AG Universal Permanently Closes Manufacturing Unit Due to Persistent Industrial Gas Supply Disruption

AG Universal Permanently Closes Manufacturing Unit Due to Persistent Industrial Gas Supply Disruption​

A G Universal Limited has announced the permanent closure of its manufacturing unit located in Jhajjar, Haryana, effective June 30, 2026. The decision follows a board evaluation that determined that the supply disruption of industrial gas required for production is likely to persist, rendering the resumption of operations commercially and operationally unviable at present.

The closure concerns only part of the company's operations pertaining to the Jhajjar manufacturing unit. The Company had previously disclosed on May 16, 2026, that the unit’s operations were temporarily suspended due to the lack or disruption in industrial gas supply. Following a review by the Board of Directors, the company has made the decision to permanently wind down the operations at this specific unit.

In response to the closure, A G Universal Limited is implementing a strategic pivot. The Company will scale up and focus exclusively on its remaining Trading Segment. Capital and management resources are being immediately reallocated to optimize the volume and profitability of the trading operations to minimize impact on the overall business value.

The company stated that it is taking all necessary steps to safeguard the interests of employees, customers, and other stakeholders, while adhering to contractual and statutory obligations arising from the closure.

Financial and Operational Snapshot​

Financial details pertaining to the manufacturing unit and the current financial standing of the Company are as follows:


The manufacturing unit's land, plant, and machinery have been retained but will be kept idle for the time being. The Board of Directors plans to evaluate the optimal utilization, leasing, or disposal of these assets at an appropriate future point, subject to necessary approvals.

Management is currently assessing the full financial impact associated with the closure, including costs related to impairment/write-down of plant and machinery, as well as closure and retrenchment compensation. The company intends to disclose the quantified financial impact as soon as it becomes ascertainable. Concurrently, the surrender of the factory license under the Factories Act, 1948, and the surrender of Consent to Operate from the State Pollution Control Board are in process.

AGUL Stock Price Movement​

Shares of A G Universal Limited today settled at ₹63.90, demonstrating a completely flat performance as the stock closed with zero percentage change. The equity maintained its previous close after trading activity registered a quantity of 8,000 shares during the session.