Ahmedabad, October 14, 2025 – The shares of AksharChem (India) Limited (NSE: AKSHARCHEM, BSE: 524598) increased by 2.33% to ₹266 on Tuesday after the company announced the restart of its Green Plant in the Mahesana district of Gujarat. The plant was under a scheduled maintenance shutdown, and production resumed, as per a regulatory filing to the stock exchanges, effective October 13, 2025.
Founded in 1989 and based in Ahmedabad, AksharChem focuses on producing dyes, pigments, and intermediates. The company’s shares have been listed on both the NSE and BSE since 2017. It serves the Indian and export markets in textiles, coatings, and paper.
Plant Operations Resume Smoothly
AksharChem informed that the Green Plant at Village Indrad on Chhatral-Kadi Road was being maintained according to schedule from September 15 to October 12, 2025. The company further mentioned that all maintenance and repair work was carried out on schedule, enabling the plant to start operations again. The management informed that the maintenance exercise did not have any material effect on its financial performance.
Stock Performance Snapshot
Following the announcement, investor sentiment turned positive, driving the stock up to ₹270, a rise of ₹10.05 or 3.87% from its previous close of ₹259.95 as of 11:45 AM IST. So far this morning, the shares have oscillated between ₹261.45 and ₹270. The company’s market capitalisation stands at around ₹213.68 crore. The stock is currently trading within a 52-week range of ₹195.00 to ₹368.10, with a P/E ratio of 49.12.
Company’s Statement and Outlook
In an official note, Mehul Naliyadhara, Company Secretary & Compliance Officer, confirmed that the resumption was carried out “as per schedule,” adding that all maintenance activities were executed efficiently to ensure operational stability in the coming quarters.
Output
AksharChem India’s shares jumped 2.33% following the resumption of production at its Green Plant in Mahesana after a scheduled maintenance break. The management stated that the maintenance was completed in a timely manner, with no financial impact on operations and production returned to normal without any issues. Investors responded positively to the update from the dyes and pigments manufacturer.
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