Hariom Pipe Industries Limited has informed the Exchange about Action(s) initiated or orders received from Tamil Nadu Pollution Control Board (TNPCB) with respect to direction for closure of the factory/unit of the Company located at SIPCOT, Industrial Growth Centre, Perundurai, Erode District, Tamil Nadu.
HARIOMPIPE · price
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Hariom Pipe Industries Limited has received closure directions from the Tamil Nadu Pollution Control Board (TNPCB) for temporary shutdown of its manufacturing unit at SIPCOT Industrial Growth Centre, Perundurai, Erode District, Tamil Nadu. The closure was issued under Section 33A of the Water (Prevention and Control of Pollution) Act, 1974, due to observations relating to environmental compliance under applicable pollution control norms. The company received the communication on April 02, 2026. To mitigate impact, the company will continue operations through its Telangana unit during this period. The financial impact is currently being assessed.
The temporary closure could affect production capacity and revenue in the near term, though the company is attempting to minimize disruption by routing operations through its Telangana facility. The stock may face negative sentiment due to regulatory non-compliance concerns.