iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

Pondy Oxides and Chemicals commissions new aluminium recycling facility

16 Dec 2022 , 09:18 AM

Stock Market Trader, Stock Trader, Trading

Pondy Oxides and Chemicals Limited has completed the installation of plant and machineries for Aluminium Recycling / Melting facility at its existing premises located in Sriperumbudur, Tamil Nadu and obtained the necessary regulatory approvals and thereby commenced its commercial production on December 14, 2022.

Accordingly, the production at the recycling facility will be gradually scaled up over the months to reach optimum levels. This will help the Company to meet the ever-growing demand of Aluminium.

“Circular economy and the importance of environmental responsibility are constantly emphasized by the Company and will continue to introduce more friendly projects and further contribute to circular economy’, Pondy Oxides said in a regulatory filing.

At around 9:17 AM, Pondy Oxides & Chemicals Ltd is currently trading at Rs371.90 per share down by Rs0.3 or 0.08% from its previous closing of Rs372.20 per share on the BSE.

For feedback and suggestions, write to us at editorial@iifl.com

Related Tags

  • commencement
  • metal ferrous
  • news
  • Pondy Oxides & Chemicals Ltd
  • Pondy Oxides & Chemicals Ltd shares
  • Pondy Oxides & Chemicals Ltd stocks
  • production
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.