Date: 6 November 2026

Regulatory Compliance Disclosure

Closure Order Details

  • Received from: Telangana State Pollution Control Board (TGPCB)
  • Date of receipt: 5 November 2026
  • Nature of order: Closure order directing immediate suspension of manufacturing activities at the Suryapet manufacturing site
  • Reason: Following an industrial accident during manufacturing process that resulted in exposure to one employee

Incident Details

  • Industrial accident occurred during manufacturing process
  • One employee on duty was exposed
  • Employee received immediate emergency medical assistance
  • Employee was shifted to a specialized hospital in Hyderabad for advanced treatment
  • Despite best possible medical care and sustained efforts by medical teams, the employee succumbed to injuries

Alleged Violations

  • TGPCB identified alleged non-compliances with applicable consent conditions
  • Specifically: Lack of strict implementation of safety measures for prevention of the accident
  • Non-compliances were identified during inspection following the industrial accident

Company Response

  • Immediately initiated appropriate corrective and preventive measures
  • Addressing observations stated in TGPCB directions
  • Expects to promptly submit requisite representations and compliances to TGPCB
  • Seeking cancellation of closure directions at the earliest
  • Aiming to allow the site to resume operations

Financial and Operational Impact

  • Company is assessing operational and financial impact of the closure
  • Impact cannot be quantified with reasonable certainty at this stage
  • Closure order requires immediate suspension of manufacturing activities