BSECompany Update4d ago · 1 Aug 2026, 04:34 pm

Revocation of closure order by GPCB related to plant located at Sayakha

Aarti Drugs Ltd · 524348

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Aarti Drugs Ltd has received a revocation order from the Gujarat Pollution Control Board (GPCB) related to a closure direction issued for its plant located at Sayakha. The GPCB has accepted the company's application and has issued a revocation order, thereby permitting the company to continue its operations. An interim Environmental Damage Compensation (EDC) of Rs. 10,20,000/- has been levied as per the "Polluter Pays" Principle.

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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk3/10
Liquidity Impact6/10
Market Sentiment5/10

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Aarti Drugs Ltd - 524348 - Revocation Of Closure Order By GPCB Related To Plant Located At Sayakha

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Ref: ADL/SE/2026-27/32 August 1, 2026 To, To, Listing/ Compliance Department Listing/ Compliance Department BSE Limited National Stock Exchange of India Limited, Phiroze Jeejeebhoy Towers, “Exchange Plaza”, Plot No. C/1, Dalal Street, G Block Bandra - Kurla Complex, Mumbai – 400 001 Bandra (East), Mumbai – 400051 BSE CODE: 524348 NSE SYMBOL: AARTIDRUGS Dear Sir/Madam, Sub: Revocation of closure direction by GPCB related to plant located at Sayakha Ref: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations") Our Earlier Communication dated July 18, 2026 In continuation of our letter bearing Ref. No. ADL/SE/2026-27/24 dated July 18, 2026, we wish to inform you that the Company had submitted an application to the Gujarat Pollution Control Board (GPCB) seeking revocation of the closure direction issued by it. The GPCB has accepted the said application and has issued a revocation order. thereby permitting the Company to Continue its operations. Along with the revocation order, the GPCB has levied an interim Environmental Damage Compensation (EDC) of Rs. 10,20,000/- as per the “Polluter Pays” Principle, following CPCB’s Environment Compensation regime/guideline as an interim measure. The additional information pursuant to Industry Standards Note on Regulation 30 of the Listing Regulations is provided under Annexure A. The requisite information as per Para A of Part A of Schedule III under Regulation 30 of the Listing Regulations is given below: Gujarat Pollution Control Board (GPCB) Name of the Authority Company had received a Closure Directions letter issued by the Gujarat Pollution Control Board (GPCB) under Section 33A of the Water (Prevention and Control of Pollution) Act, 1974. The said directive Nature and details of the action(s) mandated the closure of Amines manufacturing taken or order(s) passed operations at the Company’s plant located at Plot No. DP-94 to DP-96, Saykha Industrial Estate, Dist. Bharuch, Gujarat, effective 15 days from the date of issuance of the letter, alongside other related directions. Pursuant thereto, the Company submitted an application to the GPCB seeking revocation of the aforesaid closure directions. The GPCB has accepted the Company's application and has issued a revocation order, thereby revoking the closure directions. Along with the revocation order, the GPCB has levied an interim Environmental Damage Compensation (EDC) of Rs. 10,20,000/- under the "Polluter Pays" Principle, in accordance with the Central Pollution Control Board's (CPCB) Environment Compensation regime/guidelines, as an interim measure. Date of receipt of direction or order, including any ad-interim or interim July 31, 2026 orders, or any other communication from the authority During an inspection conducted by GPCB on June Details of the violation(s) / 20, 2026 certain non-compliances of Water Act and contravention(s) committed or Consolidated Consents and Authorization (CCA) alleged to be committed conditions were observed. Impact on financial, operation or There is no impact on financial, operational or other other activities of the listed entity, activities of the Company. quantifiable in monetary terms to the extent possible This is for your information and records. Thanking you, Yours faithfully, FOR AARTI DRUGS LIMITED RUSHIKESH DEOLE COMPANY SECRETARY & COMPLIANCE OFFICER ICSI M. No.: F12932 Annexure A August 1, 2026 To, To, Listing/ Compliance Department Listing/ Compliance Department BSE Limited National Stock Exchange of India Limited, Phiroze Jeejeebhoy Towers, “Exchange Plaza”, Plot No. C/1, Dalal Street, G Block Bandra - Kurla Complex, Mumbai – 400 001 Bandra (East), Mumbai – 400051 BSE CODE: 524348 NSE SYMBOL: AARTIDRUGS Dear Sir/Madam, In respect of the captioned matter, I, the undersigned, state and declare that the information and details provided in Form A, in compliance with Regulation 30(13) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, is true, correct and complete to the best of my knowledge and belief. This is for your information and records. Thanking you, Yours faithfully, FOR AARTI DRUGS LIMITED RUSHIKESH DEOLE COMPANY SECRETARY & COMPLIANCE OFFICER ICSI M. No.: F12932 Form A Disclosure by Aarti Drugs Limited regarding receipt of communication from regulatory, statutory, enforcement or judicial authority under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 [Regulation 30(13) – Disclosure of communication from regulatory, statutory, enforcement or judicial authority] Sr. Particulars Details 1. Name of the listed company Aarti Drugs Limited 2. Type of communication received Revocation Order [u/s 33A of Water (Prevention and Control of Pollution) Act, 1974] 3. Date of receipt of communication July 31, 2026 4. Authority from whom communication Gujarat Pollution Control Board (GPCB) received 5. Brief summary of the material During an inspection conducted by GPCB on contents of the communication June 20, 2026, certain non-compliances of Water Act and Consolidated Consents and received, including reasons for Authorization (CCA) conditions were observed. receipt of the communication Considering the above, Company had received a Closure Directions letter issued by the Gujarat Pollution Control Board (GPCB) under Section 33A of the Water (Prevention and Control of Pollution) Act, 1974. The said directive mandated the closure of Amines manufacturing operations at the Company’s plant located at Plot No. DP-94 to DP-96, Saykha Industrial Estate, Dist. Bharuch, Gujarat, effective 15 days from the date of issuance of the letter, alongside other related directions. Pursuant thereto, the Company submitted an application to the GPCB seeking revocation of the aforesaid closure directions. The GPCB has accepted the Company's application and has issued a revocation order, thereby revoking the closure directions. Along with the revocation order, the GPCB has levied an interim Environmental Damage Compensation (EDC) of Rs. 10,20,000/- under the "Polluter Pays" Principle, in accordance with the Central Pollution Control Board's (CPCB) Environment Compensation regime/guidelines, as an interim measure. 6. Period for which communication N.A would be applicable, if stated 7. Expected financial implications on There is no impact on financial, operational or the listed company, if any other activities of the Company. 8. Details of any aberrations/non- During an inspection conducted by GPCB on compliances identified by the June 20, 2026, certain non-compliances of Water Act and Consolidated Consents and authority in the communication Authorization (CCA) conditions were observed. The Company has taken note of the observations and is implementing appropriate corrective and preventive measures to ensure compliance and to avoid recurrence of such lapses in the future. 9. Details of any penalty or restriction GPCB has levied an interim Environmental or sanction imposed pursuant to the Damage Compensation (EDC) of Rs. communication 10,20,000/- under the "Polluter Pays" Principle, in accordance with the Central Pollution Control Board's (CPCB) Environment Compensation regime/guidelines, as an interim measure. 10. Ac tion(s) taken by listed company The Company have already deposited the with respect to the communication interim Environmental Damage Compensation (EDC) of Rs. 10,20,000/- with GPCB 11. An y other relevant information -