Supreme Petrochem has announced the partial restoration of manufacturing operations at its mass acrylonitrile butadiene styrene (mABS) plant located at Amdoshi, Nagothane in Maharashtra. The operations have restarted at 65% of design capacity following equipment failure that led to suspension in December 2025.

Operational Restoration Details

The company has implemented modified operational arrangements in consultation with its technology partner M/s. Versalis, Italy. Operations will continue at reduced capacity until the impacted equipment is fully repaired and restored to normal functioning.

Rating Action and Operational Challenges

CRISIL had previously revised Supreme Petrochem's credit rating outlook to 'Stable' from 'Positive' while maintaining the company's strong credit ratings. The revision reflected operational challenges and delays in new capacity ramp-up.

Operating margin declined to approximately 7.00% in the nine months ended December 31, 2025, compared to 8.90% in fiscal 2025. The compression stemmed from lower realisations and overhead under-absorption amid subdued demand from original equipment manufacturers.

ABS Project Overview

Supreme Petrochem's ABS project encompasses total capacity of 140,000 MTPA at its Amdoshi plant, executed in two phases of 70,000 MTPA each. While phase one was commissioned in September 2025, operations were suspended in December 2025 due to proprietary equipment failure.

The plant remains fully insured and under warranty, which has helped mitigate the financial impact of the operational disruption.

Strategic Position and Financial Strength

Despite operational challenges, the company maintains a robust financial risk profile with nil material debt and strong liquidity position. As of December 31, 2025, Supreme Petrochem held liquid surplus of Rs 463.00 crore.

Supreme Petrochem maintains over 50% market share in the PS and EPS segments combined, with effective capacity of 300,000 tonne for PS and 118,000 tonne for EPS. The company benefits from established relationships with customers across over 100 countries and holds recognition as a Three Star Export House valid till March 31, 2028.

Supreme Petrochem Ltd has announced the sad demise of Shri Bajranglal Surajimal Taparia, Non-Executive and Non-Independent Director, who passed away on January 30, 2026. The company informed both BSE and NSE about this development under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Director Cessation Details

Consequent to the demise, Shri Bajranglal Surajimal Taparia has ceased to be a Director of the Company with effect from January 30, 2026. The company has described this as an irreparable loss for the organization, its employees, and management.

Management Recognition

The Management of Supreme Petrochem Ltd has placed on record deep appreciation for the valuable guidance and contribution made by Shri Bajranglal Surajimal Taparia during his association with the company. His leadership and insights were valued by the organization throughout his tenure as a director.

Regulatory Compliance

The announcement was made pursuant to Regulation 30 read with Schedule III, Part A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, in compliance with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023. The company has also made this information available on its website as required under regulatory guidelines.

The notification was signed by D. N. Mishra, Company Secretary of Supreme Petrochem Ltd, and communicated to both stock exchanges on January 31, 2026. The formal communication was addressed to BSE Limited (Script Code - 500405) and National Stock Exchange of India Ltd (Scrip Code - SPLPETRO).