Nitco Limited Pays ₹14.25 Lakhs in Environmental Compensation
Nitco Limited has paid an environmental compensation of ₹ 14,25,000 following a directive received from the Pollution Control Committee, Dadra & Nagar Haveli and Daman & Diu.The order was issued to the company concerning alleged non-compliance with environmental standards. The pollution control committee directed Nitco Limited to pay the specified Environmental Compensation amount.
Nitco Limited has confirmed that it has duly paid the full sum of ₹ 14,25,000 (Rupees Fourteen Lakhs Twenty Five Thousand only). The direction or order was received by the company on April 13, 2026.
According to the details provided, the violation involves non-compliance with environmental standards. The company stated that while the financial impact of the action is quantified by the penalty imposed, there is no material impact on its operations or other activities.
NITCO Stock Price Movement
As of 2:19 PM, shares of Nitco Limited are slipping by 1.72% in live trading, currently priced at ₹103.55 per share. The stock has seen a volume of 326,395 shares so far today, remaining within the intraday range established between ₹103.13 and ₹106.5.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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