Hariom Pipe Industries Faces Temporary Closure of Tamil Nadu Unit

Hariom Pipe Industries Limited has informed the stock exchanges of a temporary suspension of operations at its manufacturing unit located in the SIPCOT Industrial Growth Centre, Perundurai, Erode District, Tamil Nadu. The closure follows directions from the Tamil Nadu Pollution Control Board (TNPCB), which included the disconnection of power supply to the facility.

The order, issued under Section 33A of the Water (Prevention and Control of Pollution) Act, 1974, cites certain observations regarding environmental compliance. The company received the communication at its corporate office on April 2, 2026.

Mitigation and Corrective Actions

Operational Shift: To ensure minimal disruption to its sales and supply chain, the company will continue its manufacturing operations through its existing unit in Telangana during this period.

Compliance Measures: Hariom Pipe Industries has already initiated corrective steps to address the TNPCB's observations and is working toward restoring operations at the Perundurai unit at the earliest.

Financial Impact: While the exact monetary impact is currently being assessed, the company expects the disruption to be temporary.

The company has expressed its commitment to environmental standards and will provide further updates to the BSE and NSE as the situation is resolved.

Shares of Hariom Pipe Industries Limited was last trading in BSE at Rs. 309.65 as compared to the previous close of Rs. 304.45. The total number of shares traded during the day was 11174 in over 331 trades.

The stock hit an intraday high of Rs. 314.70 and intraday low of 291.25. The net turnover during the day was Rs. 3334715.00.

Source : Equity Bulls

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