K P International Private Limited, Wholly owned subsidiary of Kemistar Corporation Limited has received the Consent to Operate (CTO) from the Gujarat Pollution Control Board (GPCB). The plant is already commenced & trials have also been taken.
The facility has received E-waste, Li-ion Battery, Solar Panel, Metal & Precious Metal recovery of total 27,000 MT/Annum out of Our consented qty of 42,000 MT/ Annum in this phase.
The Balance qty mfg. capacity will be established in near future with new added capacity.
The validity of CTO is up to 15/03/2030.
With this newly added vertical the company is expecting robust growth to achieve top line revenue growth. This new establishment has opened the door to associate with large scale companies, institutes & Various Govt. Dept. for the Company.
This milestone will reinforce the company's position as a frontrunner in building scalable, sustainable and self-reliant recycling solutions.
Shares of Kemistar Corporation Limited was last trading in BSE at Rs. 66.14 as compared to the previous close of Rs. 63.74. The total number of shares traded during the day was 3130 in over 28 trades.
The stock hit an intraday high of Rs. 68.90 and intraday low of 62.55. The net turnover during the day was Rs. 207654.00.