Studds Manufacturing Facility-V Commercial Production Further Delayed

NSE Code: STUDDS

BSE Code: 544599

Type of event: Postponement of Commercial Operations

Nature of postponement: Temporary delay with revised timeline provided

Date of postponement:

Previous expected timeline: Before end of Q2 FY 2027 (as per January 31, 2026 intimation)
New expected timeline: By end of October 2026 or earlier
Occupation Certificate received: September 30, 2026

Location and nature of affected operations:

Manufacturing Facility-V located at Plot No. 927, Sector-68, IMT Faridabad, Haryana
Facility represents new manufacturing capacity for the company
Operational function: Commercial production/manufacturing operations

Contribution of affected unit to turnover/revenue/net worth: Not Specified

Reason for postponement:

Primary reason: Operational and procedural matters taking longer than anticipated
Historical context: Previous delay attributed to implementation of GRAP (Graded Response Action Plan) standards in the Delhi-NCR region

Impact on operations:

Full postponement of commercial production commencement
No production operations have begun at the facility
No quantitative impact on production, capacity utilization, or order fulfillment disclosed

Mitigation measures or corrective steps:

Company has obtained Occupation Certificate (received September 30, 2026)
Working through requisite approvals necessary for commercial production commencement
Actively addressing operational and procedural matters causing the delay

Additional material details:

This is a continuation disclosure following previous intimation dated January 31, 2026
Filed pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Company will provide further intimation of actual commencement date in due course