ANDHRA PAPER LIMITED (ANDHRAPAP) — Announcement | 30 April 2026

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📢 Key Event
Partial strike at Kadiam Unit disrupts operations

🔄 What Changed
Strike initiated by contract workers at Kadiam Unit

🔮 What's Next
No future deadlines or explicit guidance provided

💡 Investor Takeaway
Shareholders should monitor labor stability at Kadiam Unit as a near-term operational risk.

⚠️ Risks
Potential continuation of disruption

Andhra Paper Limited disclosed a partial strike at its Kadiam Unit manufacturing facility beginning April 27, 2026, involving contract workers demanding revised contractual terms. The company confirmed permanent staff continue operations with limited disruption, and while the estimated financial impact remains below the ₹15.85 crore materiality threshold, it emphasized transparency regarding potential continuation. Operations at the Rajahmundry Unit remain unaffected, and contingency measures are in place to mitigate production losses.

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About ANDHRA PAPER LIMITED (ANDHRAPAP)

Forest Materials · Paper Forest & Jute Products · Listed on NSE

Market Cap: ₹1,295.51 Cr P/E: 69.6

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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