BSECompany Update4d ago · 1 Sept 2026, 10:21 am

Closure of Operations of PS labels factory at Baddi

Huhtamaki India Ltd · 509820

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Huhtamaki India Ltd is closing its pressure-sensitive labels manufacturing operations at its Baddi facility to improve operational efficiency, leverage scale, and strengthen customer service.

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Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
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Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10

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Huhtamaki India Ltd - 509820 - Closure Of Operations Of PS Labels Factory At Baddi.

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September 1, 2026 Department of Corporate Services Listing Department, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, Mumbai – 400 001 Bandra Kurla Complex BSE Scrip code – 509820 Bandra (East), Mumbai 400 051 NSE symbol – HUHTAMAKI Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the “Listing Regulations”) Dear Sir/Madam, Huhtamaki India Limited (the “Company”) currently operates three manufacturing sites for its pressure-sensitive (PS) Labels business, located at Baddi (Himachal Pradesh), Ambernath (Maharashtra) and Bangalore (Karnataka). With the objective of improving operational efficiency, leveraging scale, capacity utilization, cost rationalization, strengthening customer service and the long-term competitiveness of our business, the Company is consolidating its PS Labels operations at its Ambernath and Bangalore facilities. Pursuant thereto, the Board of Directors vide resolution passed by way of circulation on September 1, 2026, has approved the planned closure of the Company’s Pressure Sensitive Labels manufacturing operations at the Baddi facility. The details as required under Regulation 30 of the Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are set out in Annexure 1. The said closure is not material from a materiality threshold perspective. Thanking you, For Huhtamaki India Limited Kamal Taneja Managing Director Registered & Corporate Office: Tel: +91 (022) 6174 0100 Huhtamaki India Limited CIN: L21011MH1950FLC145537 7th Floor, Bellona, www.flexibles.huhtamaki.in The Walk, Hiranandani Estate, Ghodbunder Road, Thane West- 400 607 Maharashtra. ANNEXURE 1 Details under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read alongwith HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 SR. NO. PARTICULARS DETAILS 1 Closure of operations of any With the objective of enhancing operational unit/division (entirety or efficiency through economies of scale, optimized piecemeal) production processes, improved capacity utilization and cost rationalization, and strengthen the long- term competitiveness of our business, the Company is consolidating its pressure-sensitive (PS) Labels operations at its Ambernath and Bangalore facilities. Pursuant thereto, the PS Labels manufacturing facility at Baddi (Himachal Pradesh) will be closed. 2 Date of such binding agreement, if Not applicable any, entered for sale of such unit/division, if any 3 Amount and percentage of Turnover contributed by the Baddi PS Labels unit turnover or revenue or income during FY 2025: contributed by such unit or INR 218.76 Million (0.92 % of the Company’s division during the last financial revenue) year, and net worth of the listed Net Worth of HIL as at 31st Dec 2025: entity INR 12,935 Million 4 Date of closure or estimated time Estimated time of closure: With effect from of closure October 30, 2026. 5 Reasons for closure As set out in point 1 above Registered & Corporate Office: Tel: +91 (022) 6174 0100 Huhtamaki India Limited CIN: L21011MH1950FLC145537 7th Floor, Bellona, www.flexibles.huhtamaki.in The Walk, Hiranandani Estate, Ghodbunder Road, Thane West- 400 607 Maharashtra.