Setco Automotive Gets Operational Green Light: GPCB Revokes Closure Direction for SASPL Unit
Setco Automotive Ltd has received a revocation order from the Gujarat Pollution Control Board (GPCB), allowing the subsidiary's manufacturing unit to resume operations. The GPCB issued the revocation order on April 16, 2026, lifting a prior direction that had ordered the closure of the unit.The revocation concerns the manufacturing unit of the company’s subsidiary, SASPL, located at Baroda -Godhra Highway, Kalol, District Panchmahal, Gujarat. This follows an initial direction dated March 10, 2026, issued by the GPCB under the Water (Prevention and Control of Pollution) Act, 1974.
According to the company, the GPCB's revocation order confirms that the closure directions have been lifted for three months. This decision was granted after a review of the compliance measures undertaken by the unit.
The company noted that the continuation of operations is subject to specific conditions: compliance with the Consolidated Consent Authorisation (CCA) conditions and the undertaking previously submitted by the subsidiary.
Setco Automotive Ltd stated that necessary corrective actions have been implemented and that the company remains committed to ensuring strict adherence to applicable environmental laws and regulatory requirements moving forward.
The details of the order from the Gujarat Pollution Control Board are as follows:
| Particulars | Disclosure Details |
|---|---|
| Name of Authority | Gujarat Pollution Control Board (GPCB) |
| Nature of Order | Revocation of earlier closure directions issued under Section 33A of the Water (Prevention and Control of Pollution) Act, 1974 |
| Date of Receipt | April 16, 2026 |
| Details of Revocation | Closure directions revoked after verification of compliance measures undertaken by the Company |
| Conditions Imposed | Compliance with CCA conditions and undertaking dated March 30, 2026 |
| Impact | Operations at the said unit permitted to resume (subject to conditions); no material adverse impact expected |
SETCO Stock Price Movement
Shares of Setco Automotive Limited today slipped 3.62% to settle at ₹23.95, down ₹0.91 for the session. The stock, which saw a trading volume of 307,305 shares, had notably capitalized on its prior run to hit a 52-week high of ₹25.35.Source:
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