Announced Thu, 16 Apr · 19:19 IST
GPCB revokes closure direction for subsidiary's manufacturing unit
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SETCO · price
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Price reaction · full curve 14 horizons · vs prior close
-0.9%1-day move
₹24.25
prior close
₹23.70
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.3-2.1-2.1-1.9-0.9+0.0+2.1-1.0+1.0+7.2+7.2-1.0-24.7-25.8
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AI summary
Gujarat Pollution Control Board has revoked its March 10, 2026 closure direction against subsidiary SASPL's Kalol manufacturing unit for three months, after reviewing the unit's compliance measures. The revocation is conditional on compliance with Consolidated Consent Authorisation conditions and the undertaking already submitted. The unit can now resume operations, and the company confirms no material adverse impact is expected.
Likely market impact
Positive for shareholders — subsidiary operations can resume, easing prior disruption risk from the March 2026 closure order.