Mayur Uniquoters Dhodsar Plant Partially Affected by Contractual Worker Strike; One Coating Line Halted

1 min read     Updated on 10 May 2026, 05:32 PM
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Mayur Uniquoters disclosed a partial production stoppage at its Dhodsar, Rajasthan plant due to a contractual worker strike effective May 9, 2026, impacting one coating line. The estimated production loss is 15,000 Linear Meters per day of strike, with no expected financial loss or damage reported. All other manufacturing plants of the company remain fully operational, and all assets are covered by insurance. The company is actively engaging with workers and contractors to resolve the dispute and has pledged to update stakeholders on further developments.

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Mayur Uniquoters , a manufacturer of Artificial Leather and PVC Vinyl, has notified the stock exchanges of a partial disruption at its Dhodsar manufacturing plant in Rajasthan, following a strike called by contractual workers effective May 9, 2026. The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and was filed on May 10, 2026.

Strike Details and Operational Impact

The industrial action has resulted in the stoppage of production in one coating line at the Dhodsar facility. The company confirmed that all its other manufacturing plants continue to remain fully operational, limiting the scope of the disruption to this single unit. The key details of the incident, as disclosed under Annexure-A of the regulatory filing, are summarised below:

Parameter: Details
Affected Facility: Mayur Uniquoters Limited, Dhodsar, Rajasthan 303712
Strike Effective Date: May 9, 2026
Production Lines Affected: One (1) coating line
Estimated Production Loss: 15,000 Linear Meters per day of strike
Expected Quantum of Loss/Damage: None
Insurance Coverage: Yes — all assets are covered by insurance

Reason for the Strike

According to the company's disclosure, the strike has been called by some contractual workers demanding a further increase in wages. Mayur Uniquoters stated that it had already revised the wages of contractual workers in line with industry standards and applicable laws. However, a section of workers continued to press for additional wage hikes, leading to the work stoppage.

Company's Response

Mayur Uniquoters indicated that it is in continuous discussion with the concerned workers and contractors to resolve the matter amicably at the earliest. The company has committed to providing further updates on developments as they unfold. The filing was signed by Kapil Arora, Company Secretary and Compliance Officer (M. No. – ACS 57885), on May 10, 2026.

The company has clarified that no financial loss or damage is anticipated as a direct consequence of the strike, and that its insurance coverage encompasses all assets at the affected facility.

Historical Stock Returns for Mayur Uniquoters

1 Day5 Days1 Month6 Months1 Year5 Years
-2.00%+12.30%+8.53%+13.32%+32.86%+39.04%

If the strike at Dhodsar extends beyond a week, how significantly could the cumulative production loss of 15,000 linear meters per day impact Mayur Uniquoters' quarterly revenue and order fulfillment commitments?

Could the wage dispute at Dhodsar set a precedent that triggers similar demands from contractual workers at Mayur Uniquoters' other manufacturing facilities?

How might prolonged disruption at the Dhodsar coating line affect Mayur Uniquoters' key customer relationships, particularly in the automotive and footwear sectors that rely on consistent supply of artificial leather?

Mayur Uniquoters Limited Submits SEBI Depositories Certificate for Q4FY26

1 min read     Updated on 06 Apr 2026, 05:38 PM
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Mayur Uniquoters Limited submitted its certificate under SEBI Depositories Regulations for Q4FY26 quarter ended March 31, 2026. The certificate from Beetal Financial & Computer Services confirmed compliance with dematerialization procedures and regulatory timelines. The artificial leather manufacturer fulfilled its quarterly disclosure obligations to BSE and NSE exchanges.

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Mayur Uniquoters Limited, a manufacturer of artificial leather and PVC vinyl, has submitted its quarterly compliance certificate under SEBI Depositories Regulations for the quarter ended March 31, 2026. The submission was made to both BSE Limited and National Stock Exchange of India Limited on April 06, 2026.

Regulatory Compliance Certificate

The certificate was issued under Regulation 74(5) of Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. Beetal Financial & Computer Services Private Limited, serving as the company's Registrar and Share Transfer Agent, provided the confirmation certificate dated April 03, 2026.

Parameter: Details
Quarter Period: March 31, 2026
Regulation: SEBI Depositories Regulation 74(5)
RTA: Beetal Financial & Computer Services Pvt Ltd
Certificate Date: April 03, 2026
Submission Date: April 06, 2026

Dematerialization Compliance

The certificate confirms that securities received from Depository Participants for dematerialization during the quarter ended March 2026 were properly confirmed to the depositories. Beetal Financial & Computer Services verified that all securities comprised in the certificates have been listed on stock exchanges where the company's earlier issued securities are listed.

The RTA also confirmed compliance with procedural requirements, stating that security certificates received for dematerialization were mutilated and cancelled after due verification by the depository participant. The names of the depositories have been substituted in the register of members as registered owners within the prescribed 15-day timeline.

Corporate Information

Mayur Uniquoters Limited operates as a manufacturer of artificial leather and PVC vinyl materials. The company maintains its correspondence address at Lakshmi Complex, MI Road, Jaipur, while its registered office and works are located at Village Jaotpura, Jaipur-Sikar Road, Jaipur.

Exchange Details: Information
BSE Scrip Code: 522249
NSE Trading Symbol: MAYURUNIQ
Company Secretary: Kapil Arora (ACS 57885)

The submission was signed by Kapil Arora, Company Secretary and Compliance Officer, ensuring adherence to regulatory disclosure requirements for the quarter ended March 31, 2026.

Historical Stock Returns for Mayur Uniquoters

1 Day5 Days1 Month6 Months1 Year5 Years
-2.00%+12.30%+8.53%+13.32%+32.86%+39.04%

How might the growing demand for sustainable materials impact Mayur Uniquoters' artificial leather business in the coming quarters?

What expansion plans could the company pursue given its established manufacturing base in Jaipur?

Will increasing raw material costs for PVC vinyl affect the company's profit margins in FY2027?

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1 Year Returns:+32.86%