PennWhite India Private Limited, a wholly owned stepdown subsidiary of the Company, has obtained the Consent to Operate (CTO) for its defoamer manufacturing facility located at Oragadam, Chennai.
The said consent has been granted by the Tamil Nadu Pollution Control Board (TNPCB) under Section 21 of the Air (Prevention and Control of Pollution) Act, 1981 (as amended in 1987) and under Section 25 of the Water (Prevention and Control of Pollution) Act, 1974 (as amended in 1988). The consent is valid up to 31st March 2029.
With the receipt of this approval, PennWhite India Private Limited is now authorized to commence manufacturing of the products specified in the said Consent to Operate.
Shares of Manali Petrochemicals Limited was last trading in BSE at Rs. 69.22 as compared to the previous close of Rs. 70.07. The total number of shares traded during the day was 15744 in over 158 trades.
The stock hit an intraday high of Rs. 71.00 and intraday low of 69.17. The net turnover during the day was Rs. 1106449.00.