ankur: Effluent discharge connection of the Ankur unit in Arvind disconnected following the HC command

Textile and apparel giant Arvind Ltd said on Tuesday that the effluent discharge connection from its Ankur unit in Ahmedabad had been disconnected following an order from the Gujarat High Court. Effluent drainage connections from around 141 units, including that of the company’s Ankur unit, have been disconnected, following the High Court’s order to close all units discharging water effluent into the Ahmedabad Municipal Corporation (AMC) sewer lines, Arvind Ltd said in a regulatory filing

The company has filed a petition in the High Court against such a closure and the next hearing is expected to take place on December 3, 2021, it added.

“The Ankur unit has the required approvals from the relevant authorities to discharge treated industrial effluent,” the company said.

Stating that efforts are being made to return to normal, the company however said “given the uncertainty of the situation, it is difficult to determine the impact on production/operations at this stage”.

The unit, which manufactures sailcloth and other fabrics mainly sold domestically, had sales of Rs 232 crore and EBITDA (earnings before interest, tax, depreciation and amortization) of Rs 28 crore in 2020-21.

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