Aether Industries Limited has announced that the Gujarat Pollution Control Board (GPCB) has revoked the closure order for its Manufacturing Facility II in Surat. The closure, imposed on November 29, 2023, following a fire incident, has now been lifted, allowing the facility to resume full operations.

Key Details:

  • Closure Revoked: The GPCB issued a communication on January 9, 2025, permitting 100% operational resumption at the facility.
  • Previous Communications: The closure order and updates on the incident were communicated by the company in a series of disclosures dated November 29, 2023; December 1, 2023; December 4, 2023; January 8, 2024; January 11, 2024; May 23, 2024; and August 14, 2024.
  • Operational Readiness: The company will commence full-capacity operations upon ensuring compliance with the conditions stipulated by the GPCB.

This development is expected to positively impact Aether Industries’ operational performance as the facility resumes its manufacturing activities.

Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.

TOPICS: Aether industries