Vardhman Textiles Limited — Others, 10-01-2025: Action(s) taken or orders passed

Vardhman Textiles has informed that the Punjab Pollution Control Board has imposed an Environment Compensation of Rs. 13.20 cr on its Ludhiana unit for the period of July to August 2024, citing non-compliance in dyeing operations related to the installation of a Zero Liquid Discharge system. Despite previously applied and returned requests for ‘Consent to Operate,’ the company has re-applied with the necessary documentation. The management believes this situation will not significantly affect its financial or operational health, and proactive measures are being taken to address the issue. For investors, this paints a neutral picture, though continued regulatory engagements may introduce some risk.