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Chemcon Speciality receives closure notice from GPCB for its manufacturing plant in Gujarat; Stock slumps over 3%

The company will be representing GPCB for withdrawal of the closure notice and shall be submitting all relevant documents for the same.

September 13, 2021 3:22 IST | India Infoline News Service
Chemcon Speciality Chemicals Limited has received a closure notice from Gujarat Pollution Control Board (GPCB) for its manufacturing plant situated at Manjusar plant in Gujarat.

“The company is in receipt of communication from Gujarat Pollution Control Board (GPCB) for company's manufacturing plant situated at Manjusar-Kunpad Road, Village: Manjusar, Taluka: Savli, Dist.: Vadodara, Gujarat directing closure of operations.

The company will be representing GPCB for withdrawal of the closure notice and shall be submitting all relevant documents for the same.

Towards close of trade on Monday, Chemcon Speciality Chemicals Ltd was trading at Rs441.60 per piece down by Rs15.55 or 3.4% from its previous closing of Rs457.15 per piece on the BSE.

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