ALSO READBoard of Seshasayee Paper & Boards approves change in directorate Seshasayee Paper & Boards standalone net profit rises 326.98% in the September 2016 quarter Seshasayee Paper & Boards to announce December quarter results Seshasayeee Paper reports 'zero stock' in TN units JK Paper provides update on non-binding offer to BILT Graphic Paper Products
Following severe drought conditions in Tamil NaduSeshasayee Paper & Boards announced that due to severe drought conditions and drying of perennial rivers in the State of Tamil Nadu, the District Revenue Officials have advised the Company to restrict drawal of water from river Cauvery for drinking purpose only.
The Company has appealed to the Revenue Official to permit minimum quantity of water to maintain safe working conditions. Steps have been taken to step up ground water resources. Meantime, partial production is maintained.
Powered by Capital Market - Live News
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)