For violating green norms, Birla Corporation was fined Rs 8.4 crore

11 Oct 2023 , 02:06 PM

The company was fined Rs 8.4 crore for allegedly engaging in excessive mining without first getting environmental approval, and the Birla Corporation shares were flat in the morning trade on October 11.

In Madhya Pradesh, the office of collector (mine) Satna levied a fine of Rs 8,42,86,858 for excessive limestone output from captive mining from 2000–2001 to 2006–2007 without receiving environmental clearance.

Due to the uncertainty in the EIA Notification 1994 provisions—which was only resolved later by the guidelines established in the Supreme Court’s common cause judgment on August 2, 2017—the company did not obtain environmental clearance, according to the corporation.

However, the company stated that the State Pollution Control Board had given the business a lawful permit to run the mines. The business stated that it is studying the order and deciding what to do next.

The four divisions that Birla Corporation runs are cement, jute, vinoleum, and auto trim.

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