Gulshan Polyols Temporarily Halts Bourgain Factory Operations Following Contract Worker Death

0 min read     Updated on 12 Jan 2026, 05:48 PM
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AI Summary

Gulshan Polyols has temporarily halted operations at its Bourgain factory following the death of a contract worker. The suspension allows for proper investigation and implementation of safety measures, demonstrating the company's commitment to workplace safety and regulatory compliance.

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Gulshan Polyols has temporarily suspended operations at its Bourgain manufacturing facility following the death of a contract worker. The company has taken immediate action to halt production activities as a precautionary measure during this critical situation.

Operational Impact

The temporary suspension affects the company's Bourgain facility operations, with production activities currently on hold. This decision reflects the company's priority on safety protocols and proper investigation procedures following the workplace incident.

Safety Measures

The halt in operations allows for comprehensive investigation and implementation of necessary safety measures. The company's response demonstrates adherence to regulatory requirements and commitment to maintaining workplace safety standards for all personnel, including contract workers.

Current Status

Parameter: Details
Facility Status: Temporarily Suspended
Location: Bourgain
Affected Operations: Factory Production
Reason: Contract Worker Death

The temporary nature of the suspension indicates the company's intention to resume operations once appropriate measures and investigations are completed. The incident highlights the importance of comprehensive safety protocols across all manufacturing operations.

Historical Stock Returns for Gulshan Polyols

1 Day5 Days1 Month6 Months1 Year5 Years
+0.50%-7.44%-10.33%-2.71%-18.77%+87.35%

Gulshan Polyols Receives Rs 16.42 Crore Under MP Investment Promotion Scheme

1 min read     Updated on 26 Dec 2025, 04:57 PM
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Gulshan Polyols Limited has received Rs 16.42 crore from MP Industrial Development Corporation under various assistance schemes, with the major component being Rs 15.21 crore as Production Linked Fiscal Assistance for FY 2024-25. The assistance also includes reimbursement for stamp duty and registration fees, plus capital subsidy for setting up a Zero Liquid Discharge Plant, demonstrating continued government support for the company's operations and environmental initiatives.

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Gulshan Polyols Limited , a prominent player in the polyols industry, has received substantial financial assistance from the Madhya Pradesh government. The company announced on December 26, 2025, that it has received a total of Rs 16.42 crore from MP Industrial Development Corporation Limited (MPIDC) under various schemes.

Latest Financial Assistance Breakdown

The company has received the following assistance from MPIDC:

Assistance Type: Amount (Rs)
Production Linked Fiscal Assistance (PLFA) for FY 2024-25: 15.21 crore
Stamp duty and registration fee reimbursement: 20.94 lakh
Capital subsidy for Zero Liquid Discharge Plant: 1.00 crore
Total Assistance: 16.42 crore

Previous Assistance Record

This latest assistance adds to the company's previous receipt of Rs 5.38 crore under the MP Investment Promotion Assistance Scheme, 2014 for the financial year 2023-24, demonstrating the company's continued eligibility for government support schemes.

Regulatory Compliance

Gulshan Polyols Limited has maintained proper regulatory compliance by informing the stock exchanges about this development. The company made the disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as communicated through letter reference GPLSEC61(2025-26).

Company Profile

Details: Information
Corporate Identification Number: L24231UP2000PLC034918
Registered Office: 9th K.M., Jansath Road, Muzaffarnagar, Uttar Pradesh
Delhi Office: Delhi-110092, India
Phone: +91-11-49999200

This significant financial assistance is expected to strengthen the company's financial position and support its operational capabilities, particularly with the capital subsidy for the Zero Liquid Discharge Plant reflecting the company's commitment to environmental sustainability.

Historical Stock Returns for Gulshan Polyols

1 Day5 Days1 Month6 Months1 Year5 Years
+0.50%-7.44%-10.33%-2.71%-18.77%+87.35%

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1 Year Returns:-18.77%