Andhra Paper Limited has escalated its response to ongoing industrial unrest by declaring a lockout at its Kadiyam Unit with effect from 10:00 PM on May 1, 2026. This action follows an illegal strike by contract workmen that began on April 27, 2026, which has disrupted manufacturing operations at the facility.

Strike Background and Management Response

The strike involves contract workmen engaged through third-party manpower contractors who are demanding revision of their contractual terms, including higher wages and benefits from their respective employers. Despite repeated appeals from management to call off the illegal strike and resume duties, these efforts have been disregarded by the striking workers.

Lockout Declaration and Asset Protection

The management declared the lockout to safeguard employees, plant and machinery, materials, and other assets. The lockout shall remain in force until further notice, as communicated to stock exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company emphasized that the strike is illegal and that its permanent workforce is not participating in the industrial action. Operations at the Rajahmundry Unit remain completely unaffected by the current situation.

Operational and Financial Impact Assessment

The ongoing disruption continues to result in an estimated production loss of 70 MT per day. However, the company has assessed that there is currently no material impact on its overall financial performance, with the cumulative impact remaining below the materiality threshold of ₹15.85 crore.

Regulatory Compliance and Disclosure

The disclosure was made by Company Secretary Bijay Kumar Sanku on May 2, 2026, in compliance with SEBI regulations. The information has been made available on the company's website at www.andhrapaper.com . This represents an escalation from the initial strike notification made on April 30, 2026, reflecting the company's commitment to transparency regarding material developments.

Andhra paper Limited has completed its mandatory regulatory filing by submitting certificates under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The submission was made to both BSE Limited and National Stock Exchange of India Limited on April 2, 2026.

Regulatory Compliance Details

The certificates were issued by KFin Technologies Limited, which serves as the company's Registrar and Share Transfer Agent. These documents confirm compliance with SEBI's depositories regulations for the specified quarter.

Depository Certifications

KFin Technologies Limited issued separate certificates to both major depositories on April 1, 2026. The certificates were addressed to:

• National Securities Depository Limited (NSDL) - Located at Trade World, Kamala Mills Compound, Lower Parel, Mumbai
• Central Depository Services (India) Limited (CDSL) - Located at Marathon Futurex, Lower Parel (East), Mumbai

Both certificates were signed by Praveen Chaturvedi, Senior Vice President at KFin Technologies Limited, confirming that details of securities dematerialized and rematerialized during the quarter have been furnished to all stock exchanges where Andhra Paper's shares are listed.

Company Information

Andhra Paper Limited operates with its registered office in Rajamahendravaram, East Godavari District, and corporate office in Kolkata. The company holds multiple ISO certifications including ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018, reflecting its commitment to quality, environmental, and occupational health and safety management systems.

Stock Exchange Presence

The company's shares are traded on major Indian stock exchanges with the following identifiers:

This regulatory filing demonstrates Andhra Paper Limited's continued adherence to SEBI's compliance requirements, ensuring transparency in its securities transactions and maintaining good standing with regulatory authorities and depositories.