Hot Pursuit     02-Mar-21
Camlin Fine Sciences in demand on restarting Palghar unit
Camlin Fine Sciences jumped 4.49% to Rs 143 after the company announced that it will restart its manufacturing unit situated at Tarapur, district Palghar in Maharashtra from 2 March 2021.
Earlier on 9 February 2021, the Regional Officer of Maharashtra Pollution Control Board (MPCB) directed the company to close the Palghar manufacturing unit on account of alleged violations of the provisions of Water (Prevention and Control of Pollution) Act, 1974 and Air (Prevention and Control of Pollution) Act, 1981 and the rules made thereunder.

The unit was closed on 22 February 2021. MPCB, vide its letter dated 1 March 2021, has issued restart directions with respect to the said manufacturing unit subject to the company fulfilling certain terms and conditions. The company has immediately initiated necessary steps for fulfilling the terms and conditions mentioned in the said directions. The manufacturing unit shall now be functional from 2 March 2021.

Camlin Fine Sciences is a provider of high-quality shelf-life extension solutions including antioxidants, aroma ingredients and performance chemicals.

On a consolidated basis, the company's net profit jumped 199% to Rs 15.42 crore on a 8.8% rise in net sales to Rs 297.92 crore in Q3 FY21 over Q3 FY20.

Previous News
  Camlin Fine Sciences reports consolidated net profit of Rs 13.02 crore in the September 2022 quarter
 ( Results - Announcements 13-Nov-22   08:51 )
  Camlin Fine Sciences AGM scheduled
 ( Corporate News - 23-May-22   14:37 )
  Camlin Fine Sciences consolidated net profit rises 429.77% in the September 2019 quarter
 ( Results - Announcements 18-Nov-19   16:23 )
  Camlin Fine Sciences acquires additional 33.50% stake in Dresen
 ( Corporate News - 17-Nov-21   18:21 )
  Camlin Fine Sciences to discuss results
 ( Corporate News - 13-Jan-20   16:58 )
  Camlin Fine Sciences achieves 100% capacity utilisation at its Diphenol plant
 ( Corporate News - 01-Oct-21   09:19 )
  Camlin Fine Sciences standalone net profit rises 117.21% in the March 2019 quarter
 ( Results - Announcements 25-May-19   16:30 )
  Camlin Fine Sciences reports consolidated net loss of Rs 4.93 crore in the December 2016 quarter
 ( Results - Announcements 11-Feb-17   15:22 )
  Camlin Fine Sciences allots 12,750 equity shares under ESOP
 ( Corporate News - 27-Jan-21   20:59 )
  Camlin Fine Sciences reports standalone net profit of Rs 1.22 crore in the March 2018 quarter
 ( Results - Announcements 24-May-18   18:07 )
  Camlin Fine Sciences to declare Quarterly Result
 ( Corporate News - 06-May-22   16:46 )
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