NSEClosure of operations4d ago · 1 Sept 2026, 10:19 am
Closure of operations
Huhtamaki India Limited · HUHTAMAKI
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Huhtamaki India Limited has informed the Exchange about the closure of its PS labels factory at Baddi, with the objective of improving operational efficiency, leveraging scale, and cost rationalization. The closure is not material from a materiality threshold perspective.
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Huhtamaki India Limited has informed the Exchange about Closure of operations of PS labels factory at Baddi.
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HUHTAMAKI1_01092026101746_Disclosure-Stock_Exchange_01092026_final_KTsigned.pdf
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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.