Pursuant to Regulation 30 read with Clause 20 of Para A of Part A of Schedule III of the SEBI Listing Regulations, 2015, this is to inform you that the Company has received an Order from the Office of Uttarakhand Pollution Control Board ('UKPCB').
BRITANNIA · price
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Britannia Industries has received an order from the Uttarakhand Pollution Control Board (UKPCB) imposing an Environment Compensation of Rs. 21,79,688 (about Rs. 21.8 lakhs) on its factory at Rudrapur, Uttarakhand. The order, received on 3rd May 2025, was passed under Section 33(A) of the Water (Prevention & Control of Pollution) Act, 1974, following a Show Cause Notice originally issued in September 2015. The company claims the original notice was already revoked in March 2016 after it complied with the Board's directions, and says there is no material impact on its financials or operations. Britannia plans to contest the order within the prescribed timelines.
The financial impact is negligible (less than Rs. 22 lakhs on a large company), and management has stated no material effect on operations. The stock price is unlikely to be materially affected, though investors should watch for any escalation of the matter.