Jubilant Agri and Consumer Products Ltd temporarily closes manufacturing at its Sahibabad plant

Jubilant Industries Limited's material unlisted Wholly-owned Subsidiary, i.e. Jubilant Agri and Consumer Products Limited ( JACPL ), has temporarily closed down manufacturing activities at its plant located in Sahibabad, Uttar Pradesh, upon receipt of directions on December 09, 2021 from Commission for Air Quality Management in National Capital Region and Adjoining Areas.

The Company is seeking legal advice to represent and/or appeal before the Competent Authority or a Court of Competent Jurisdiction for challenging and setting aside the said Direction.

All the other plants of JACPL are working properly.

Shares of Jubilant Industries Limited was last trading in BSE at Rs. 531.50 as compared to the previous close of Rs. 516.20. The total number of shares traded during the day was 3990 in over 517 trades.

The stock hit an intraday high of Rs. 546.40 and intraday low of 517.85. The net turnover during the day was Rs. 2126920.00.

Source : Equity Bulls

Keywords

JubilantIndustries INE645L01011 JUBLINDS TemporaryClosure ManufacturingPlant Sahibabad UP AirQualityManagement NCR