Receipt of Revocation of Closure Direction by GPCB
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Awaiting price reaction for this filing.
Chemcrux Enterprises has received an order from the Gujarat Pollution Control Board (GPCB) dated 30th September 2025, revoking the earlier closure direction of 9th September 2025 on its Ankleshwar plant in Bharuch, Gujarat. The plant was previously shut because water samples from the GIDC storm water drain were found to be contaminated beyond prescribed limits. The company has submitted a bank guarantee of Rs. 3.50 lakh for compliance assurance and paid Rs. 5.20 lakh as interim Environmental Damage Compensation. The company is now in the process of resuming manufacturing operations at the plant. Management has stated it does not anticipate any material financial or operational impact from this episode.
Positive for shareholders — the regulatory shutdown has been resolved and operations are set to resume, removing the near-term overhang on production and revenue. The financial cost (about Rs. 8.7 lakh combined) is minimal and the company has confirmed no material impact.