TSPCB revokes Everest Organics' Factory Closure Order

Everest Organics Limited today has announced that Telangana State Pollution Control Board (TSPCB) has inspected its facility for pollution control issues and after careful consideration and analysis of all the material facts issued Permanent Revocation of Closure Order.

Pursuant to the temporary revocation and extension of revocation of factory closure order received from TSPCB, the Board (TSPCB) after careful investigation and deliberation of all the material facts of the case found that the management has taken adequate and satisfactory steps to comply with the provisions of TSPCB towards the environmental safety and has issued permanent revocation of closure order dated 04.02.2022.

Dr. SriKakarlapudi Srihari Raju, Managing Director, Everest Organics Limited, commenting on this event of "permanent revocation of closure order", that it once again fortifies the commitment of Everest towards meeting all the norms of pollution control and moreover Everest is committed to enhance investment in upgrading its systems and processes with the latest standards to meet the best of global norms for sustainable future. The company is further committed to meet all the necessary and adequate steps to comply with the various provisions of TSPCB towards the environmental and pollution norms in future.

The company is in line with the process of making the factory cleaner and greener and is dedicated to meet all norms. We are glad to inform you that the company has invested huge amount in ETP and Zero liquid Discharge of pollutants from its facility. We at EOL believes in sustained growth with care for environment.

Shares of EVEREST ORGANICS LTD. was last trading in BSE at Rs. 250.95 as compared to the previous close of Rs. 252.05. The total number of shares traded during the day was 6126 in over 129 trades.

The stock hit an intraday high of Rs. 267.80 and intraday low of 249.00. The net turnover during the day was Rs. 1538925.00.

Source : Equity Bulls

Keywords

EVERESTORGANICS INE334C01029 TSPCB Revocation ClosureOrder