Sarda Energy & Minerals Ltd has informed the exchange that the Company has received consent from Chhattisgarh Environment Conservation Board under the Water (Prevention and Control of Pollution) Act, 1974 and the Air (Prevention and Control of Pollution) Act, 1981 for its Gare Palma IV/7 coal mine at Raigarh upto a production level of 1.2 million tons/year.
SEML is one of the lowest-cost producers of steel & one of the largest manufacturers & exporters of ferroalloys. The current market cap of the company is Rs2,809.32cr.
At around 9:45 AM, Sarda Energy & Minerals was trading at Rs790 per piece up by Rs10.7 or 1.37%.
Previosuly, the scrip ended at Rs779.30 per piece on the BSE.