Shri Vasuprada Plantations Ltd — Important, 23-12-2025: Company Update
23-12-2025 | 05:15 pm
23-12-2025 | 05:15 pm
SHRI VASUPRADA PLANTATIONS has received a favorable order from the Hon’ble High Court of Kerala, allowing the company to cut, remove, and replant rubber trees. Crucially, the court recalled its earlier directive requiring the deposit of all sale proceeds with the Forest Department. The order now directs quarterly submission of account statements to the Forest Department and permits forest officials to oversee the activities. This development is expected to positively impact the company's operations and financial position, providing greater operational flexibility for its rubber estates.
No comments yet. Be the first to comment!
