ANDHRA PAPER LIMITED (ANDHRAPAP) — Announcement | 2 May 2026

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📢 Key Event
Company imposes lockout at Kadiyam plant after strike disruption

🔄 What Changed
Lockout declared to safeguard assets and resume normal operations

💡 Investor Takeaway
Shareholders face near-term output disruption and possible revenue impact.

⚠️ Risks
Potential production loss of 70 MT per day

Andhra Paper Limited announced a lockout at its Kadiyam manufacturing unit effective May 1, 2026, following an illegal strike by contract workers that began April 27, 2026. The lockout, intended to protect assets and restore operations, will remain in force until further notice. The company disclosed expected daily production losses of 70 metric tonnes in the filing.

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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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