Satia Industries Limited Announces Temporary Shutdown of Paper Machine-3 for Upgradation
Satia Industries Limited announced on May 25, 2026, that it will temporarily shut down Paper Machine-3 (PM-3) at its factory site for major upgradation and modernization efforts.The temporary operational halt is scheduled for approximately five months. The PM-3 is located at the company's factory site at VPO: Rupana, Malout Muktsar Road, District Muktsar, Punjab 152032.
The company confirmed that despite the shutdown of Paper Machine-3, all other paper machines and the overall plant operations will continue functioning normally during the modernization period. Satia Industries Limited plans to communicate the resumption of operations for the upgraded machine once the work is completed.
SATIA Stock Price Movement
Satia Industries Limited shares shed 8.97% today, settling at ₹58.88 in the post-market session. The stock moved on a total volume of 1.01 million shares traded, reflecting significant intraday selling pressure.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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