Announced Tue, 21 Jul · 21:34 IST
GPCB orders closure of Indo Amines plant in Vadodara
Regulatory & Legal View source PDF
INDOAMIN · price
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Price reaction · full curve 14 horizons · vs prior close
+2.6%1-day move
₹126.73
prior close
₹123.50
base price
After-mkt
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AI summary
Indo Amines received a closure direction from Gujarat Pollution Control Board for its plant at Village Tundav, Vadodara. The order, issued on July 21, 2026 under Water and Air Pollution Acts, follows an inspection on July 13 that found non-compliances. Manufacturing at the affected plots must stop within 15 days. The company says there is no immediate financial impact and is taking corrective steps to get the order revoked. Other plants remain operational.
Likely market impact
One Vadodara plant faces closure over pollution non-compliance; company claims no immediate financial hit and is working to get the order revoked.