I believe any closure notice revocation can happen after min. 25-30 days. It might take more time than that. Ankleshwar, Being a majority production site , production loss would be substantial. If not more they will lose atleast 25-30% reduction in production in this quarter.
More serious issue in my opinion, is the reason of closure. It seems company mistakenly or intentionally let out effluent in storm water drainage, which showed in the COD parameter. Being not so serious about local authority compliances when your foreign inspection like FDA are overdue is matter of concern. And one very big risk to look out for.
Evaluating to sell/reduce allocation here.
Thanks,
| Subscribe To Our Free Newsletter |
