India Compliance Updates
The Telangana Pollution Control Board has ordered the closure of Greentek India Private Limited's solar equipment unit over effluent violations.
Automobile Products of India has received a fine of ₹14,98,600 from BSE for non-compliance with minimum public shareholding requirements.
Other companies, such as India Homes Ltd, have received in-principle approval from BSE for proposed rights issues of partly paid-up equity shares.
Ladam Affordable Housing has set a date for its 47th AGM via VC, while Chemplast Sanmar faces a Puducherry order directing the closure of its EDC plant.
Novus Loyalty has appointed Aditi Pardal as company secretary, and Shalimar Productions has appointed Pushpraj Kumar Gupta as company secretary.
Soni Medicare's board has approved a bank guarantee from PNB, and Julien Agro Infratech has applied for promoter reclassification to public.
India's food giants are also facing FSSAI penalties for non-compliance with food labelling regulations.
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