Disruption30 Apr 2026, 03:18 pm
Andhra Paper: Kadiam unit faces partial disruption due to strike
AI Summary
Andhra Paper Ltd. reported a partial disruption at its Kadiam unit manufacturing facility starting April 27, 2026. The disruption is due to an illegal strike by contract workmen, demanding revised contractual terms from their third-party employers. The company's permanent workforce is not participating, and operations continue with limited production impact. Contingency measures are in place. While the estimated production loss is 70 MT per day, the cumulative financial impact remains below the materiality threshold of ₹15.85 crore, with no material impact on overall financial performance currently. The Rajahmundry unit is unaffected. The company is engaging with stakeholders to resolve the issue.
Key Highlights
- Partial operations disruption at Kadiam unit from April 27, 2026.
- Strike by contract workmen over contractual terms, not permanent staff.
- Estimated production loss of 70 MT per day at Kadiam unit.
- Financial impact currently below ₹15.85 crore materiality threshold.
- Company implementing contingency measures; Rajahmundry unit unaffected.