Black Rose Industries Ltd — Important, 05-12-2025: Company Update

The company's plant in Jhagadia, Gujarat, has received closure directions from the Gujarat Pollution Control Board (GPCB) due to alleged environmental violations. This requires the company to provide a bank guarantee of 0.035 Cr for compliance and deposit an interim Environment Damage Compensation amount as determined by GPCB. The company is actively engaged with GPCB, taking immediate steps to resolve the matter, and ensuring full compliance with environmental norms. The full financial impact beyond these immediate requirements is not yet quantifiable.