Graphite India on Monday informed the exchanges that Karnataka State Pollution Control Board has renewed the consent for operations till June 2020 but with a condition to shift the unit from the existing location (Bengalaru). The operations to be carried out in the plant are the same as was being done in recent years (except impregnation) and in line with the application made to KSPCB for the consent. “The condition will not have an adverse impact on the production capacity of the graphite electrode division as a whole in the medium and long term,” it said in the notice, and added that the consent would be placed before its board of directors for perusal. KSPCB officials had again conducted an inspection on November 23 while the first inspection was done on September on 19, which has resulted in a few observations. Shares of Graphite India closed at ₹849.25, down 1.4 per cent, on the NSE.