Andhra Paper Production Faces Loss After Lockout Revocation; Workmen Dispute Continues at Kadiam Unit
Andhra Paper Ltd is experiencing continued disruption in operations at its Kadiam Manufacturing Unit, East Godavari District, following the revocation of a previous lockout. While the management had revoked the lockout on May 29, 2026, production has been affected as workmen have not resumed their duties.The ongoing industrial impasse has resulted in a daily loss of approximately 205 tons from the Kadiam Unit. The Company's Management is currently engaged with workmen representatives and relevant authorities to resolve the situation and restore normal operational activity at the earliest possible time.
The disruption stems from demands raised by contract workmen concerning the revision of certain contractual terms at the Kadiam Unit in East Godavari, Andhra Pradesh.
Operational Status and Impact Assessment
Based on the assessed financial implications of the ongoing industrial dispute, key details regarding the operation are as follows:| Particulars | Details |
|---|---|
| Loss/Damage Expected Quantum | None |
| Insurance Coverage Status | Yes, all assets are covered by insurance |
| Estimate Impact on Operations | Loss of production per day is approximately 205 MT per day. Revenue loss is estimated at X 143 lacs per day. |
| Unit Affected and Reason for Disruption | Kadiam Unit, East Godavari, Andhra Pradesh. The disruption is due to demands raised by contract workmen regarding the revision of certain contractual terms. |
The company stated that it has been closely monitoring the situation and will provide updates as normalcy is restored. Management anticipates a short-term resolution following ongoing discussions with stakeholders, which would allow for a phased return to full operational capacity.
ANDHRAPAP Stock Price Movement
Shares of ANDHRA PAPER LIMITED slipped by 0.83% on Thursday, closing at ₹61.55 after dipping from the previous close. The stock saw a total traded volume of 77,041 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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