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JB Chemicals & Pharmaceuticals informs about company updates

18 Jul 2016 Evaluate

JB Chemicals & Pharmaceuticals has informed that this has reference to disclosures earlier made in relation to Order dated 8-1-2016 passed by National Green Tribunal (‘NGT’) which directed the closure of industrial activities at the Company’s built drugs plant at Panoli, Gujarat. They also refer to disclosure made on May 19, 2016 informing the Exchange that NGT by Judgement and Order dated 17-5-2016 did not allow the Company’s Application for review of the Order passed on 8-1-2016 (Collectively the ‘Orders’). They now wish to inform the Exchange that on an appeal filed by the Company challenging the aforementioned Orders of NGT, the Supreme Court has stayed the operation of the Orders passed by NGT. The Company believes that it has all necessary clearances and consents to carry on its industrial activities at the said plant and is in compliance with the applicable laws.

The above information is a part of company’s filings submitted to BSE.

JB Chem & Pharma Share Price

1997.35 22.65 (1.15%)
17-Apr-2026 16:59 View Price Chart
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