Rallis India: Pollution regulator suspends operation at Dahej plant
Rallis India has received a communication from the Gujarat Pollution Control Board (GPCB) directing the company to suspend its operations at one of its units in Dahej, Gujarat.
The suspension came following an incident which took place while dechoking a blocked discharge line of the Agitated Thin Film Dryer (ATFD) unit of the effluent treatment plant.
The company informed the bourses that there was no environmental and material impact to the plant, but unfortunately, it resulted in a hot liquid bum injury to two workmen. The company said that it is taking necessary steps to restore the said unit's operations at the earliest.
Rallis ensured that it does not expect any adverse impact on the business as it is holding adequate stocks of finished goods in its inventory.
During Tuesday’s trading session, the stock of Rallis opened at Rs. 148.30 apiece as against its previous close of Rs. 148.30. At 15.20 hours, the stock was trading at Rs. 153 apiece, up by 2.4 per cent.