Thursday, December 12, 2024

Shahlon Silk diversifies into effluent treatment business; stock trades flat 

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Shahlon Silk Industries Limited, an integrated textile company, announced plans to enter the common effluent treatment plant (CETP) business. The Surat-based company will install a CETP of 8 million litres per day (MLD) capacity, with zero liquid discharge and recycling capabilities, including effluent conveyance pipeline and treated water distribution networks.

The shares of Shahlon Silk Industries Limited were trading at ₹24.10 on the BSE at 2.25 pm.

Chairman Dhirajlal Shah cited the company’s experience in operating CETP facilities for captive use since 2008. The new project aims to treat effluent from waterjet looms in the surrounding area, addressing both statutory requirements and environmental responsibilities.

Shahlon Silk has identified the land for the project. The company’s existing CETP operations are at its Karanj manufacturing location and its Textile Park Project.







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