Key Event

The Company has received a Direction from the Central Pollution Control Board (CPCB) to close operations of its plant located at Hospet Road, Village Ginigera, Talula & District Koppal, Karnataka – 583 228.

Authority Details

  • Name of Authority: Central Pollution Control Board (CPCB)
  • Nature of Action: Direction to close operations of the Company's plant
  • Date of Receipt: Communication received via e-mail on July 7, 2026, enclosing CPCB Direction dated July 3, 2026
  • Alleged Violations: Violations of certain provisions of the Environment (Protection) Act, 1986
  • Compliance Requirement: Company must submit duly notarized compliance to the Direction within 30 days of receipt

Financial Impact Assessment

The financial impact of the Direction is not ascertainable at this point, as explicitly stated in the disclosure.

Company Response and Status

The Company states that it takes environmental compliance with utmost seriousness and is committed to compliance in true letter and spirit. Management claims that they have already complied with the issues raised by CPCB and are working for the revocation of the closure Direction. The Company is working diligently to resolve the issue and restore normalcy to plant operations at the earliest.