Kuantum Papers Limited has disclosed pursuant to Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 that the company will temporarily shut down Paper Machine-3 (PM-3) located at its plant in Saila Khurd, Punjab. The shutdown is for approximately one month to undertake an upgradation and modernization program.
The company specified that all other paper machines and plant operations will continue working as usual during this period. The company committed to informing the stock exchanges as soon as operations at Paper Machine-3 resume following the completion of the upgradation and modernization work.
Financial Impact
Financial impact not quantified in the disclosure.