Amara Raja Batteries: AP Court extends stay on closure notices of plants in Andhra Pradesh, next hearing set on January 24

7 Jan 2022 , 10:12 AM

Amara Raja Batteries Limited updated the exchanges pertaining to the closure orders from Andhra Pradesh Pollution Control Board (APPCB), for the company’s Plants situated at Karakambadi, Tirupati, and Nunegundlapalli Village, Chittoor District, Andhra Pradesh.

The company said, the Andhra Pradesh High Court has extended the interim suspension of said closure orders of APPCB and the next hearing is scheduled on January 24, 2022.

At around 10.14 am, Amara Raja Batteries Ltd was trading at Rs636.95 per piece up by Rs3.3 or 0.52% from its previous closing of Rs633.65 per piece on the BSE.

“The copy of the order is awaited. We further wish to inform that there is no loss on account of this disclosure.

We would like to reiterate that the Company has always placed highest priority on the environment, health and safety of its workforce and communities around it. We take this opportunity to once again thank all our stakeholders who reposed faith in us and we will continue to strive to meet all their expectations,” company said.