IVP Limited Receives Orders Directing Closure of Manufacturing Unit from Maharashtra Pollution Control Board
IVP Limited has received directives from the Maharashtra Pollution Control Board (MPCB) mandating the immediate closure of its manufacturing operations at a unit located in Tarapur. The decision follows investigations into alleged violations related to environmental standards for water and air pollution control.The company’s unit, situated at D-19/20, MIDC Area Tarapur, Dist. Palghar, Boisar, Maharashtra 401 506, must cease manufacturing activities immediately following the receipt of directions from the regulatory body on June 29, 2026.
The MPCB issued the orders under Section 33A of the Water (Prevention and Control of Pollution) Act, 1974, and Section 31A of the Air (Prevention and Control of Pollution) Act, 1981, concerning alleged violations related to environmental laws.
Details regarding this regulatory action are as follows:
| Particulars | Details |
|---|---|
| Name of the Authority | Maharashtra Pollution Control Board (MPCB) |
| Nature and details of the action taken | Directions issued under Section 33A of the Water (Prevention and Control of Pollution) Act, 1974 and Section 31A of the Air (Prevention and Control of Pollution) Act, 1981, for closure of manufacturing operations at the Company's unit located in Tarapur. |
| Date of receipt of direction or order | June 29, 2026. |
| Alleged violations | Violations under Section 33A of the Water (Prevention and Control of Pollution) Act, 1974, and Section 31A of the Air (Prevention and Control of Pollution) Act, 1981, as amended from time to time. |
| Impact on financial, operation or other activities | Financial and operational impact is not ascertainable at this point in time. |
IVP Stock Price Movement
IVP Limited shares today edged higher in post-market trading, gaining 1.50% to settle at ₹161.55. The stock traded within a range of ₹159.32 and ₹164.9, with a total volume of 17,507 shares recorded during the session.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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