Business Update25 May 2026, 04:51 pm
Satia Industries to Temporarily Shut Down PM-3 for Upgrade
AI Summary
Satia Industries Ltd. has announced a temporary shutdown of Paper Machine-3 (PM-3) at its Rupana, Punjab factory site for approximately five months. This shutdown is for the purpose of upgrading and modernizing the machine. The company has assured that other paper machines and the plant will continue operations as usual during this period. Satia Industries will notify the stock exchanges upon the resumption of operations of PM-3 after the upgrade.
Key Highlights
- Satia Industries' PM-3 will be temporarily shut down for five months.
- The shutdown is for upgradation and modernization of the machine.
- Other paper machines and the plant will continue normal operations.
- The company will inform stock exchanges on resumption of PM-3 operations.
Price Impact
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