Esprit Stones Limited — Others, 10-03-2025: Action(s) taken or orders passed

Esprit Stones Limited's subsidiary, Addwaya Chemicals Private Limited, has encountered a directive to cease manufacturing operations due to environmental compliance issues raised by the Rajasthan State Pollution Control Board. This closure affects the subsidiary where Esprit holds a 51% stake. Immediate measures are being implemented to address the authorities' concerns. While the financial impact remains unquantified at this stage, investor sentiment may lean cautious due to the operational disruption, presenting a potential risk in the short term as the company navigates compliance and operational adjustments.