Storage Technologies & Automation Addresses Karnataka Pollution Control Board Notice

1 min read     Updated on 30 Oct 2025, 05:31 PM
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Reviewed by
Suketu GalaScanX News Team
Overview

Storage Technologies & Automation Limited (STAL) received a notice from Karnataka State Pollution Control Board (KSPCB) to obtain consent under Water and Air Pollution Control Acts due to industry re-categorization. STAL has already applied for consent and doesn't expect material financial or operational impact. The company made a voluntary disclosure under SEBI regulations, demonstrating transparency.

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*this image is generated using AI for illustrative purposes only.

Storage Technologies & Automation Limited (STAL) has recently received a notice from the Karnataka State Pollution Control Board (KSPCB), prompting the company to take swift action to ensure compliance with environmental regulations. This development comes as part of the board's efforts to enforce pollution control measures across industries in the state.

Key Points of the Notice

  • Regulatory Requirement: STAL has been directed to obtain consent under the Water (Prevention and Control of Pollution) Act, 1974 and the Air (Prevention and Control of Pollution) Act, 1981.
  • Reason for Notice: The company's activities now fall under the consent mechanism following a re-categorization of industries by the Pollution Control Board.
  • Company's Response: STAL has already applied for the requisite consent and is actively taking steps to ensure compliance.

Impact Assessment

According to the company's management, the notice is not expected to have a material financial or operational impact on STAL. This assessment suggests that the company is well-prepared to address the regulatory requirements without significant disruption to its business operations.

Compliance Timeline

Event Date
Notice Receipt Date October 29, 2025
LODR Disclosure Date October 30, 2025
Consent Application Already Submitted

Transparency Measures

In line with good governance practices, STAL has made a voluntary disclosure of this regulatory notice to its stakeholders. The company has filed an intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, demonstrating its commitment to transparency.

Management Statement

Mohammad Arif Abdul Gaffar Dor, Managing Director of STAL, signed off on the regulatory filing, affirming the company's proactive approach to addressing the KSPCB's requirements. The management's swift response and open communication underscore their dedication to environmental compliance and shareholder interests.

This development highlights the ongoing evolution of environmental regulations in India and the importance for companies to stay agile in their compliance efforts. As industries face increasing scrutiny regarding their environmental impact, proactive measures like those taken by Storage Technologies & Automation may become more common across the corporate landscape.

Historical Stock Returns for Storage Technologies & Automation

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Storage Technologies & Automation Limited Expands Presence with New Bangalore Branch

1 min read     Updated on 13 Oct 2025, 11:09 AM
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Reviewed by
Shriram ShekharScanX News Team
Overview

Storage Technologies & Automation Limited (STAL) has opened a new branch office in Bangalore on October 13, 2025. The office is located on the fifth floor of Shah Sultan Complex at No. 17/1-19 and 17/1-20, Ali Asker Road, Bangalore 560 052. STAL has informed BSE Limited about this development in compliance with SEBI regulations. This expansion into India's Silicon Valley could potentially strengthen STAL's presence in a key technology hub.

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*this image is generated using AI for illustrative purposes only.

Storage Technologies & Automation Limited (STAL) has announced the opening of a new branch office in Bangalore as part of its strategic expansion efforts. The announcement was made by the company's Managing Director, Mohammad Arif Abdul Gaffar Dor.

Branch Location and Details

The new branch office, which commenced operations on October 13, 2025, is situated on the fifth floor of Shah Sultan Complex. The precise location is:

Detail Information
Address No. 17/1-19 and 17/1-20, Ali Asker Road
City Bangalore
Pin Code 560 052
Floor Fifth
Building Shah Sultan Complex

Regulatory Compliance

In adherence to regulatory requirements, STAL has duly informed the BSE Limited about this development. The intimation was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates listed entities to disclose material events to the stock exchanges.

Strategic Implications

The opening of this new branch office in Bangalore, often referred to as India's Silicon Valley, could potentially signify STAL's intent to strengthen its presence in a key technology hub. This move may allow the company to tap into the city's rich talent pool and expand its customer base in the region.

While the company has not disclosed specific details about the operations or objectives of this new branch, such expansions are typically aimed at enhancing market reach, improving customer service, or facilitating business growth in the target region.

Investors and stakeholders may want to keep an eye on future announcements from Storage Technologies & Automation Limited to understand the impact of this expansion on the company's operations and financial performance.

Historical Stock Returns for Storage Technologies & Automation

1 Day5 Days1 Month6 Months1 Year5 Years
-7.02%-8.42%-9.53%-36.15%-49.55%-56.32%
Storage Technologies & Automation
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