Corporate Announcement
Security Code : 532497    Company : RADICO    
 
Announcement under Regulation 30 (LODR)-Strikes /Lockouts / DisturbancesDownload PDF Download XBRL
  Exchange Received Time  07/08/2019 13:51:19         Exchange Disseminated Time   07/08/2019 13:51:23              Time Taken   00:00:04
In furtherance to our communication dated 23rd May 2019, we wish to submit that the Central Pollution Control Board (CPCB) vide its letter dated 6th August 2019 pursuant to Company's representation/request dated 14.06.2019 has allowed the Company to restore capacity of its molasses plant from 77 KLD to 200 KLD.

During this period CPCB has conducted an inspection of the Company's molasses plant and found the Company compliant of additional requirements for it''s Zero Liquid Discharge (ZLD) system to their satisfaction. However, in their letter dated 6thAugust, 2019, the CPCB has levied an additional Environmental Compensation of Rs.5,83,20,000/- (Rupees Five crore eighty three lakhs twenty thousand only) apart from Rs.1,45,80,000/-(Rupees One crore forty five lakhs eighty thousand only) already paid by the Company. The company is taking suitable steps in this regard.
 

Disclaimer

Back To Announcements