Shree Ajit Pulp And Paper Ltd — Important, 24-07-2026: Company Update

Shree Ajit Pulp and Paper has temporarily suspended operations at its manufacturing facilities in Salvav, Gujarat, due to severe flooding caused by incessant heavy rainfall and waterlogging. This unprecedented situation has halted production. The company is currently assessing damage to its plant, machinery, inventory, and other assets, but the full financial impact is still being determined as access is restricted. It noted that its insurance plans offer sufficient coverage for these assets. The company is actively working to protect assets, evaluate damage, and quickly restore operations. Further updates will be provided on the situation and its impact.