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Sheela Foam receives WBPCB closure order for its Jalpaiguri plant

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Capital Market
Sheela Foam announced that the Company has received on 18 February 2021, a closure order the company's Jalpaiguri plant (West Bengal) from the West Bengal Pollution Control Board.

The Company holds a valid Consent to Operate and is established in an Integrated Industrial Township for more than 5 years. The Company is reaching out to the Competent Authority and also seeking legal advice. For the present we are suspending operations in the above-mentioned unit.

The turnover of this unit is 6% of the total turnover of the Indian Operations and the company is making arrangements to service the impacted distribution from its other facilities.

 

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First Published: Feb 20 2021 | 3:13 PM IST

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