In consultation with Uttar Pradesh Pollution Control Board (UPPCB), INSILCO Ltd has filed a fresh application for renewal of consent under section 25/26 of Water (Prevention & Control of Pollution) Act, 1974 ('water consent') and consent to operate under section 21/22 of Air (Prevention & Control of Pollution) Act, 1981 ('air consent') after change in its process for water treatment to meet prescribed standard of Sodium Absorption Ratio (SAR). The Company's application is still under consideration before UPPCB.
The No Objection Certificate (NOC) received from Central Ground Water Authority (CGWA) for extraction of ground water has expired on 7th December 2019. The Company had applied for its renewal on 11th September 2019 which is yet to be approved by CGWA.
The Company is following up with UPPCB and CGWA.
Shares of INSILCO LTD. was last trading in BSE at Rs.10.4 as compared to the previous close of Rs. 11.38. The total number of shares traded during the day was 4335 in over 17 trades.
The stock hit an intraday high of Rs. 11.35 and intraday low of 10.4. The net turnover during the day was Rs. 46180.