Coromandel International Ltd has informed BSE about the following:
"The Hon'ble Supreme Court has passed an ad-interim order on May 13, 2011 in the matter of public interest litigation and by this order, production, sale and use of Endosulfan has been banned for a temporary period of eight weeks, pending receipt of interim report from the Expert Committee constituted by the Government of India. Consequent to this, the Company has suspended production and sale of Endosulfan. The turnover and profitability of this product is not significant to the Company's overall turnover and profitability."
Sensex
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Monday, May 16, 2011
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