
Price Update22 Oct 2026, 06:40 pm
Cheviot Company: Jute Bag Prices Revised, Sales Up ₹19 Cr
AI Summary
Cheviot Company Ltd has announced a revision in the maximum ex-factory prices for Jute Bags supplied to State Procurement Agencies. This revision, notified by the Office of the Jute Commissioner, covers the period from January 2021 to December 2023. The company expects this price adjustment to increase its sales realization by approximately ₹19 crores on the Government B-Twill Bags supplied during the specified period. All other terms and conditions of existing orders and contracts remain unchanged. The company became aware of the gazette notifications on October 22, 2026, after the Durga Puja holidays and promptly made the necessary disclosures.
Key Highlights
- Jute bag prices revised for supplies to State Procurement Agencies.
- Expected sales realization increase of ₹19 crores.
- Price revision covers period January 2021 to December 2023.
- All other contract terms and conditions remain unchanged.
Price Impact
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