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R R Kabel Penalized for Regulatory Non-Compliance in Warehouse Construction

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R R Kabel Penalized for Regulatory Non-Compliance in Warehouse Construction

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An update from RR Kabel Ltd. ( (IN:RRKABEL) ) is now available.

R R Kabel Limited, a company involved in the manufacturing and distribution of electrical cables and wires, has been penalized by the Dadra & Nagar Haveli Planning & Development Authority for initiating construction of a warehouse without prior permission. The penalty imposed amounts to ₹32,94,597, calculated based on the area of construction. This incident highlights the importance of regulatory compliance for the company and could impact its operational procedures and stakeholder relations.

More about RR Kabel Ltd.

YTD Price Performance: -31.08%

Average Trading Volume: 14,866

Current Market Cap: 111B INR

For an in-depth examination of RRKABEL stock, go to TipRanks’ Stock Analysis page.

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