Britannia Industries Faces ₹21.8L Penalty from Uttarakhand Pollution Board

Britannia
Sahana CP, CC BY-SA 4.0, via Wikimedia Commons

Britannia Industries Limited (NSE: BRITANNIA, BSE: 500825) has received an order from the Uttarakhand Pollution Control Board (UKPCB) imposing an environmental compensation of ₹21,79,688 on its Rudrapur factory. The order, dated May 3, 2025, relates to a 2015 inspection under the Water (Prevention & Control of Pollution) Act, 1974.

Key Details of the Order

The UKPCB imposed the penalty in accordance with Section 33(A) of the Water Act, citing a Show Cause Notice dated September 14, 2015.However, Britannia clarified that this notice was revoked by the Uttarakhand Environment Protection and Pollution Control Board on March 18, 2016, after the company demonstrated compliance with directives.

The Rudrapur facility, operational since 2009, manufactures biscuits and bakery products. Britannia emphasized that the order will not materially impact financials or operations, citing historical compliance and plans to challenge the decision within statutory timelines.

Read Full Article

T.V. Thulsidass, Company Secretary of Britannia, stated: “We are reviewing the order and will take appropriate steps to defend our position. Our commitment to environmental stewardship remains unwavering.”

Stay tuned for further updates on market movements and financial insights.

Disclaimer: The information provided is for educational purposes only and does not constitute financial advice. We are not registered financial advisors. Please conduct your own research and consult a qualified advisor before making investment decisions. Any investment decisions you make based on this information are solely at your own risk.

Also read: Indian Bank Reports Robust FY25 Performance with Dividend and Capital Expansion Plans
Published on: May 3, 2025 / M Vishnu


Heatwave Continues to Grip Northern India

IMD has extended heatwave warnings in Delhi, Haryana, and Rajasthan. Temperatures have touched 45°C in some parts, with schools adjusting schedules to avoid midday exposure.

📆 5th May, Monday Celebrated as World Hand Hygiene Day.

भोक्तारं यज्ञतपसां सर्वलोकमहेश्वरम्।
The person who is not disturbed by the dualities of happiness and distress, and is unbothered by the external world, is certainly eligible for liberation.

feedback

comment