All Time Plastics announced that the company is currently experiencing operational challenges arising from external factors beyond its control.
The company said, At the outset, we would like to inform that, in view of the ongoing geopolitical situation and supply-related concerns, the Government of India, under the Essential Commodities Act, has directed domestic producers to prioritise the manufacture of Liquefied Petroleum Gas (LPG) over petrochemicals. This, coupled with disruptions in global shipping and logistics channels arising from the conflict in the West Asia region, has resulted in delays in inbound raw material shipments, increase in freight costs and reduced visibility on delivery timelines, despite suppliers continuing to operate and maintain production levels.
While the Company continues to witness healthy demand for its products, including export demand in certain markets, the current disruption has impacted the availability and timing of raw materials, resulting in delays in execution of certain customer orders and in some cases, deferment of confirmed orders, thereby potentially leading to spillover of sales from the current period to subsequent periods. The Company is also experiencing elevated raw material prices, which may exert pressure on margins in the near term, particularly in cases where pricing discussions with customers are ongoing.
The Company is foreseeing an ease in raw material supply in the ensuing weeks, based on current industry inputs and emerging supply-side indications. However, the situation remains fluid and evolving and there can be no assurance regarding the timing or extent of such improvement.
The Company is closely monitoring developments while taking necessary steps to mitigate the impact to the extent possible, including evaluating alternate sourcing arrangements, optimising inventory and production planning and engaging with customers on delivery schedules and pricing adjustments, wherever required.
Powered by Capital Market - Live News
Beware of fraudulent tips, unauthenticated news and advice on stock market.
At BOB Capital, your account security is our topmost priority. Beware of receiving fraudulent communications, unauthenticated trading tips and unsolicited calls on trading in stocks from unverified sources, received through Whatsapp, Telegram, SMS, Calls, etc and take an informed decision before investing.
What should you do if you receive a trading tip over phone or SMS?
Report unsolicited messages to the Stock Exchange on +91 8291833676 or on designated email id i.e. feedbk_invg@nse.co.in. Please visit here to understand better.
Please visit CVC website at pledge.cvc.nic.in and take "Integrity Pledge" to be an active part of the "Satark Bharat, Samriddh Bharat" (Vigilant India, Prosperous India).
Filing complaints on SCORES - Easy & quick: a. Register on SCORES portal scores.sebi.gov.in/ b. Mandatory details for filing complaints on SCORES are i. Name, PAN, Address, Mobile Number, E-mail ID. c. Benefits: i. Effective communication ii. Speedy redressal of the grievances.
Valued Customer,
BOB Capital Markets Limited (BOBCaps) is firmly committed to the safety of your wealth. We would like to bring to your notice certain precautions that you certainly must take against potential tele-fraudsters/ unscrupulous and unregistered portfolio managers:
ALWAYS AVOID
We would like to caution you against such fraudulent calls and SMSes and urge you to be alert. Follow the golden rule:
Do not share your Login Credentials or Passwords with anybody
BOBCaps employees / representatives never ask for your password.
Certain tele-fraudsters / unscrupulous and unregistered portfolio managers call customers or SMS them on the pretext of providing investment tips and lure them to invest through their bogus firms by promising huge profits.
Such deceitful callers ask the customer to share his/her login credentials with passwords to allow trading in their accounts, assuring huge returns.
Often trades done in the customer’s accounts are far from the best interest of the customers. Holdings of customers are often sold and with the funds, trades are then placed in illiquid securities at unrealistic prices.
At times, the holdings of customers are sold at prices detrimental to the customer. The so-called “portfolio manager” assures profits, which naturally does not materialize. Customers are deceived into providing access to their trading accounts, thereby allowing such fraudsters access to funds and securities available to execute trades, injurious to the customer’s interest.
In our continuous effort to keep you safeguard from the market related frauds and increase awareness while conducting trades, we request you to go through the Press Release issued by the NSE and would request you to ensure that you do not engage with the individuals and entities mentioned below: