Hi-Green Carbon Limited Announces Completion of 100 Tonne per Day Plant at Shantol Recycling Subsidiary
Hi-Green Carbon Limited has reported the completion of the installation and erection of Plant and Machinery at its subsidiary facility in Madhya Pradesh.The plant, located in the Dhar District of Madhya Pradesh, belongs to Shantol Recycling Private Limited, which is a wholly owned subsidiary of the company. The facility is designed with a capacity of 100 Tonne per Day.
Management stated that the successful installation of the machinery marks a major operational milestone. A trial run of the plant is scheduled to commence shortly after the official notification.
Regarding commercial operations, the company has already submitted an application for the 'Consent to Operate' with the Madhya Pradesh Pollution Control Board (MPPCB). Hi-Green Carbon Limited confirmed that the Dhar plant will officially commence its operations immediately upon receiving the necessary approval from the MPPCB.
HIGREEN Stock Price Movement
Hi-Green Carbon Limited shares shed 6.15% today, settling at ₹150.85 in post-market trading. The stock saw significant selling pressure, trading on a volume of 22,400 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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