Ugar Sugar Works Unit Closure Order by KSPCB

Ugar Sugar Works Ltd has received a closure order from the Karnataka State Pollution Control Board (KSPCB) for its Ugar Unit. The order, issued under the Water Act and Air Act, mandates the closure of operations until further notice due to alleged non-compliances. The company states there is no immediate financial or operational impact as the period cited in the order relates to 2025, and corrective measures have been taken. Ugar Sugar is pursuing legal action to revoke the closure directions and will update the stock exchanges on material developments.