Jayant Agro-Organics Limited receives GPCB direction to cease operations at Dhanora plant

Jayant Agro-Organics Limited has received a communication from the Gujarat Pollution Control Board (GPCB), which has directed the Company to cease operations of its plant at Dhanora, Gujarat within 15 days from the order date in light of certain alleged violations of the pollution control norms. The company is studying the Order and shall act appropriately on it.

The company takes compliances with the utmost seriousness, and recognizes the significance of adherence to regulations. The company assures itsr stakeholders that it is taking immediate and appropriate measures to address the concerns raised by the regulatory authorities. The team is actively engaged in working with the GPCB to thoroughly understand the reasons behind the direction and to seek a resolution in the most efficient and transparent manner possible.

Shares of Jayant Agro Organics Limited was last trading in BSE at Rs. 236.25 as compared to the previous close of Rs. 240.50. The total number of shares traded during the day was 2502 in over 269 trades.

The stock hit an intraday high of Rs. 243.00 and intraday low of 230.85. The net turnover during the day was Rs. 597420.00.

Source : Equity Bulls

Keywords

JayantAgroOrganics INE785A01026 GPCB CeaseOperations Order Dhanora Gujarat