Effluent discharge connection of Arvind's Ankur unit disconnected following HC order
The unit, which manufactures voiles and other fabric primarily sold in the domestic market, had a revenue of Rs 232 crore and EBITDA (earnings before interest, taxes, depreciation, and amortization) of Rs 28 crore in 2020-21.
The company has filed a petition in the High Court against such closure and the next hearing is likely to take place on December 3, 2021, it added.
"Ankur unit has requisite approvals from relevant authorities to discharge treated industrial effluent," the company said.
Stating that efforts are being made to resume normalcy, the company, however, said "given the uncertainty of the situation, it is difficult to ascertain the impact on the production/operations at this point of time".
The unit, which manufactures voiles and other fabric primarily sold in the domestic market, had a revenue of Rs 232 crore and EBITDA (earnings before interest, taxes, depreciation, and amortization) of Rs 28 crore in 2020-21.
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