The Regional Officer Maharashtra Pollution Control Board at Nagpur vide its letter dated July 11th 2012 has directed to close down the manufacturing activities of Facor Steels Ltd's mini steel plant located MIDC Industrial Area in Nagpur

The closure direction has been issued to the company as the Regional Office of MPCB has found violation of directions issued by the Maharashtra Pollution Control Board under section 33A of the water (P&CP) Act, 1974 and under section 31A of the Air (P&CP) Act, 1981.

The Company has complied with the directions of the Regional Officer, MPCB Nagpur and has closed down its manufacturing activities with immediate effect.

Further, the company is taking steps to get the closure order vacated by making proper representation to the Maharashtra Pollution Control Board

Source - Equity Bulls

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