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Hikal receives notice from MPCB for closure of Mahad unit

09 Mar 2020 Evaluate

Hikal has received a notice from the Maharashtra Pollution Control Board (MPCB) for closure of Mahad Unit based on a complaint received from the local community in Taloja. The complaint mentions that a tanker of an authorised transporter, carrying by-product of Hikal was found near the river Kasadi in Taloja. This material was en-route for further processing to a MPCB approved manufacturer located in MIDC Dhule.

The company has represented to MPCB for withdrawal of the closure notice and has submitted all relevant documents proving that they are not responsible for any pollution and or polluting activities in or near the river.

Hikal is engaged in R&D, manufacturing and marketing of fine chemicals for the Pharmaceutical and Agrochemical industries.

Peers
Company Name CMP
Sun Pharma. Inds. 1853.50
Dr. Reddys Labs. 1202.80
Cipla 1397.20
Lupin 2090.00
Zydus Lifesciences 1202.00
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