HD Fire Protect MPCB Refuses Jalgaon Expansion Consent

Date: October 28, 2026

Regulatory Disclosure Summary

Nature of Regulatory Action

The Maharashtra Pollution Control Board (MPCB) has refused the company's application for Consent to Operate for the expansion of its existing facility at Jalgaon, Maharashtra. The refusal is under:

• Section 27 of the Water (Prevention and Control of Pollution) Act, 1974
• Section 21(4) of the Air (Prevention and Control of Pollution) Act, 1981

Details of Violation

The refusal is linked to a prior show cause notice dated October 15, 2026, mentioned on page 357 of the company's Prospectus dated October 15, 2026. The alleged contravention is the "Non-submission of documentary evidence relating to Environment Clearance."

Impact Assessment

The company states that it "does not anticipate any material impact on its existing manufacturing operations, financial performance or other business activities as a result of the said refusal." This is because:

• The refusal pertains only to newly commissioned sheds at Plot K-99 and Gat No. 298/1, which were developed as part of a planned expansion for future growth.
• The Consent to Operate for the company's existing Jalgaon manufacturing facility remains valid until March 31, 2029.
• Existing operations continue as usual.

Company's Response and Next Steps

The company is examining the MPCB's communication and reviewing its observations. The company states it "shall re-file its application in accordance with the requirements of the MPCB" and "will take the necessary steps to address the same and reapply for the requisite consent." The company will update the exchanges on any material developments.