MPCB Orders CG Power Unit Closure; Shares Fall 5%
CG Power said the Maharashtra Pollution Control Board directed it to shut manufacturing operations at its Chhatrapati Sambhajinagar unit. Shares fell over 5% on Thursday, November 5.
Shares of CG Power and Industrial Solutions Ltd. fell over 5% on Thursday, November 5, after the company disclosed that the Maharashtra Pollution Control Board (MPCB) had directed it to shut down manufacturing operations at its unit in Chhatrapati Sambhajinagar.In an exchange filing, CG Power said…