Camlin Fine Sciences Limited — Important, 18-01-2025: Disruption of Operations

Camlin Fine Sciences has received closure directions for its unit located at Dahej SEZ from the Gujarat Pollution Control Board due to alleged non-compliances regarding wastewater management. The identified issues include contaminated wastewater in drains and insufficient biomass in the aeration tank. The company has complied with the cited issues and has communicated this to the relevant authorities, submitting necessary documentation to address the directives. Steps have been initiated to seek revocation of the order before it takes effect in 15 days, without anticipating any operational impact on production. The company will submit a Bank Guarantee of ₹7.5 crore as part of compliance assurance, along with any environmental damage compensation that may be required. Overall, the outlook remains positive, with no expected material impact on the company's operations.