StockWatch
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Iron & Steel
Disruption10 Sept 2026, 04:25 pm

KIC Metaliks Durgapur Plant Shut Down for Blast Furnace Rectification

AI Summary

KIC Metaliks Ltd has announced the shutdown of its Durgapur plant effective September 9, 2026. The temporary closure is due to necessary rectification work on the blast furnace and its associated accessories. The company expects to resume operations after the completion of these repairs and will promptly inform the stock exchange once the furnace is operational. This shutdown may impact production and revenue in the short term.

Key Highlights

  • Durgapur plant shut down effective September 9, 2026.
  • Reason for shutdown: Rectification of blast furnace and accessories.
  • Operations to resume post-rectification.
  • Company to inform stock exchange upon restart.