Rushil Décor receives IGBC Green Building certification for its MDF manufacturing unit at Visakhapatnam, Andhra Pradesh

Rushil Décor (BSE: 533470, NSE: RUSHIL) a leading company in Laminate and MDF panel boards, announced that its new MDF board plant located at Visakhapatnam, Andhra Pradesh has been certified as a Green Building by the Indian Green Building Council (IGBC).

Company's Visakhapatnam plant has taken several eco-friendly measures including rainwater harvesting system, waste water treatment, energy conservation, using recycled and environment friendly materials, reducing carbon footprints among others to achieve this green certification.

"We are proud to have achieved IGBC Green Building certification for our new MDF board plant in Andhra Pradesh," said Rushil Thakkar, Director of Rushil Décor. "This green certification recognizes the facility's green measures that resulted in reducing water consumption by 30% and energy consumption by 40%. These reductions translate directly into cost savings, fostering operational efficiency and competitiveness. The green certification not only elevates our reputation but also paves the way for expanded business opportunities, greater market presence and ultimately, heightened profitability. As a responsible corporate, we give paramount importance to our ESG program and continuously work towards the same."

Spread across 26 acres, this plant is equipped with building and energy management systems for enhancing energy performance. The factory uses fully CFC-free refrigerants in its building ventilation & air-conditioning (HVAC) equipment and unitary air-conditioners. It also has a rainwater harvesting system capturing up to 50% of rainwater. The site's heat resistant roofs help reduce the heat island effect.

Government of Andhra Pradesh has extended an incentive of reimbursement of 50% cost incurred towards capital expenditure with components for green measures as defined in industrial development policy 2015-20. Rushil Décor will leverage this incentive to its fullest potential, channelling the financial benefits directly towards enhancing operational excellence, expanding market presence and delivering sustained value to its shareholders and investors.

The IGBC green factory buildings programme is the first rating system for the industrial sector in India that evaluates manufacturing facilities based on multiple criteria, including energy efficiency, water conservation, material conservation and indoor environmental quality & occupational health.

Shares of Rushil Decor Limited was last trading in BSE at Rs. 354.55 as compared to the previous close of Rs. 349.20. The total number of shares traded during the day was 25624 in over 1475 trades.

The stock hit an intraday high of Rs. 365.00 and intraday low of 335.85. The net turnover during the day was Rs. 8998301.00.

Source : Equity Bulls

Keywords

RushilDecor INE573K01017 Laminate MDFPlant Visakhapatnam AndhraPradesh GreenBuilding IGBC