Corporate Announcement
Security Code : 500295    Company : VEDL    
 
Intimation Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligation And Disclosure Requirements) Regulations, 2015Download PDF Download XBRL
  Exchange Received Time  23/05/2018 13:24:37         Exchange Disseminated Time   23/05/2018 13:24:46              Time Taken   00:00:09
In continuation to our letter VEDL/Sec./SE/17-18/121 dated November 10, 2017 wherein the Company announced the approval of Copper Smelter plant 2 project by the Board of Directors, this is to inform that the Madurai Bench of Madras High Court, in the PIL filed against the Company, has stated that the application for renewal of Environment Clearance for Copper Smelter plant 2 project, shall be processed after conduct of mandatory public hearing and the application shall be decided by the competent authority on or before September 23, 2018.

In the interim, the High Court has ordered the Company to cease construction and all other activities onsite for proposed Copper Smelter plant 2 project with immediate effect till the decision of the MoEF.

The Company is yet to receive the order copy.

We request you to kindly take the above information on record.
 

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