Regulatory Action and Details
The Office of the Jute Commissioner, Ministry of Textiles, Government of India, exercising powers under clause 3(6) of the Jute and Jute Textiles Control Order, 2016, has notified a revision in the maximum ex-factory prices of 580 gms B-Twill Sacking Type-A & Type-B Jute bags. The revision was published via gazette notifications on 18 August 2026 and 19th August 2026 on the official website of the Office of the Jute Commissioner.
Contract Parties and Nature
The price revision affects supplies made to various State Procurement Agencies. The price fixation of Government B-Twill Bags is regulated by the Office of the Jute Commissioner based on a price methodology approved by the Ministry of Textiles.
Contract Duration
The original orders/contracts were allotted by the Office of the Jute Commissioner for the period from September 2016 to December 2020.
Amendment Details and Financial Impact
The uniform revision in maximum ex-factory prices is expected to increase the value of sales realization by ₹7.45 crores on the Government B-Twill Bags supplied by the Company for the period stated in the notifications. All other terms and conditions of the orders/contracts remain unchanged.
Disclosure Threshold
The expected financial impact exceeds the threshold specified in Regulation 30(4)(i)(c) of the Listing Regulations, necessitating this disclosure.