Ravi Kumar Distilleries Limited informed the exchanges that the cancellation order has been revoked and the FIRs filed by the Excise Department and the Police Department have been quashed by the High Court of Madras. The operations of the factory are resumed with immediate effect.
At around 2.45 pm, Ravikumar Distilleries Ltd was trading at Rs12.83 oer piece up by Rs0.01 or 0.08% from its previous closing of Rs12.82 per piece on the BSE.
The scrip opened at upper circuit Rs13.46 up 5% on Monday.
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