Tube Investments of India Limited has been ordered to pay an environmental compensation of ₹39 lakhs. This penalty was imposed by the Punjab Pollution Control Board for not fully meeting the conditions stipulated in its Consent to Operate. The non-compliance, which occurred on certain days, relates to the Water (Prevention and Control of Pollution) Act, 1974. The company states there is no material impact on its financial operations.
Environmental Compensation Order Received
Tube Investments of India Limited has disclosed receipt of an order requiring the payment of environmental compensation amounting to ₹39 lakhs (Rupees Thirty Nine Lakhs only). The order stems from the Punjab Pollution Control Board and addresses instances where the company did not fully adhere to the conditions outlined in its Consent to Operate permit. These conditions are mandated under the Water (Prevention and Control of Pollution) Act, 1974.
Details of Non-Compliance
The environmental compensation has been imposed for not meeting in full, on certain days, the prescribed conditions related to water pollution control. The order was issued on 27th October 2026 and received by the company on 2nd November 2026. Despite the penalty, Tube Investments has indicated that there is no material impact on the financial, operational, or other activities of the company.
Source: BSE
