TAN project completion delay has been disclosed under SEBI regulations. TAN project completion delay relates to the execution timeline of a Technical Ammonium Nitrate plant along with a weak nitric acid facility at an existing manufacturing site in Rajasthan.
On January 16, 2026, the company informed stock exchanges about the revised project schedule. The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Moreover, the project involves the manufacture of Technical Ammonium Nitrate supported by a weak nitric acid unit. The facilities are being developed at the existing site in Gadepan, District Kota.
However, the project completion date has now been rescheduled to April 30, 2026. The delay has occurred due to reasons attributable to the EPC contractor.
Earlier, the company had shared updates on the project execution in April 2023 and January 2025. Therefore, the current disclosure serves as a continuation of earlier communications.
Overall, the revised timeline does not reflect a change in project scope. Instead, it indicates an adjustment in execution scheduling during the implementation phase.
