ALPHA TRIBE

Vraj Iron and Steel LimitedOthers, 30-04-2025: Action(s) initiated or orders passed

30-04-2025 | 01:38 pm

Vraj Iron and Steel Limited received a demand for ₹27.28 crore in water charges and penalties from the Sub Divisional Officer of Water Resources due to an unexecuted agreement. The company has settled the water charges and filed a representation to waive the penalties, citing their No Objection Certificate from the Central Ground Water Board for groundwater extraction. Vraj maintains that the penalty demand is unjustified and anticipates no material impact on its financials or operations.

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