Business Update11 Mar 2025, 09:18 pm
Shyam Century Ferrous Ltd. Resumes Operations After Meghalaya Pollution Control Board Revokes Closure Notice
AI Summary
Shyam Century Ferrous Ltd. has announced the resumption of operations at its Byrnihat, Meghalaya unit following the revocation of a closure notice by the Meghalaya State Pollution Control Board (MSPCB). The MSPCB had issued the closure notice due to alleged non-compliance with pollution control norms. This disclosure, being material, is made pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Highlights
- Shyam Century Ferrous Ltd.'s Byrnihat, Meghalaya unit has resumed operations after the Meghalaya State Pollution Control Board revoked a closure notice.
- The closure notice was issued due to alleged non-compliance with pollution control norms.
- The resumption of operations is a significant business update for the company.
- The disclosure is made pursuant to SEBI regulations.
- The plant is expected to operate at full capacity shortly.