Shri Vasuprada Plantations Ltd — Important, 22-12-2025: Company Update
22-12-2025 | 05:59 pm
22-12-2025 | 05:59 pm
SHRI VASUPRADA PLANTATIONS has received a favorable High Court order in Kerala, allowing it to cut, remove, and replant rubber trees. The court recalled its earlier directive for the company to deposit all sale proceeds with the forest department. The company will now file quarterly statements of accounts, with forest officials permitted to oversee the tree cutting, removal, and replanting process. This significant decision is anticipated to have a positive impact on the company's operations and financial position, providing greater operational flexibility.
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