Announcement under Regulation 30 of SEBI (LODR) Regulations, 2015
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Black Rose Industries Ltd has received permanent revocation of closure directions from the Gujarat Pollution Control Board (GPCB) for its manufacturing plant at Jhagadia Industrial Estate in Bharuch, Gujarat. The closure directions were originally issued under Section 33-A of the Water (Prevention and Control of Pollution) Act, 1974. This revocation means the company's plant at Plot No. 675, GIDC, Jhagadia can now operate normally without restrictions. The company disclosed this information in compliance with SEBI (LODR) Regulations, 2015, under Regulation 30. The company will also make this information available on its website.
The permanent revocation of environmental closure directions is a positive development for the company, as it removes regulatory restrictions on one of its manufacturing facilities. This could restore full operational capacity at the Jhagadia plant and potentially improve production output and revenue generation going forward.