Summary of Key Information:
Nature of Transaction / Event: Revocation of prohibition order under Section 40(2) of the Factories Act, 1948
Date of Transaction: 04/08/2026
Details of the Event:
- The Company received an Order dated August 04, 2026 issued by the Director of Industrial Safety and Health, Chennai
- The order was issued pursuant to an appeal filed by the Company under Section 107 of the Factories Act, 1948
- The order revokes the previous prohibition order dated July 27, 2026 that was issued under Section 40(2) of the Factories Act, 1948
- The revocation is subject to certain safety conditions stipulated in the said Order
- The order takes note of rectifications and safety measures undertaken by the Company following inspections conducted on July 31, 2026 by the Additional Director, Industrial Safety and Health, Chennai
Location Affected: Unit II manufacturing facility at Plot No. R1, R2, R3, SIPCOT Industrial Complex, Pappankuppam, Gummidipoondi, Tiruvallur District, Tamil Nadu
Impact Assessment:
- The revocation permits the Company to resume manufacturing operations at its Unit II facility, including the manufacturing shed affected by the fire incident dated July 14, 2026
- The Company expects the revocation to facilitate the resumption of manufacturing operations at the affected shed
- The financial impact, if any, is presently being assessed
Regulatory References:
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
- Factories Act, 1948 - Section 40(2) and Section 107
Company Details:
- CIN No.: L27320TN2022PLC150206