Factory license received for new plant at Haridwar
The company has received a Factory License for its new plant located at Haridwar.
By ScoutQuest · · 2 min read
- Approval / license received
- Factory License for its new plant located at Haridwar
- Issuing authority
- Labour Department of the Government of Uttarakhand
- License issue date
- October 14, 2026
What the company intimated
- The company has received a Factory License for a new plant located at Haridwar.
- The license was issued by the Labour Department of the Government of Uttarakhand on October 14, 2026.
- The company's intimation is dated October 15, 2026.
- It comes in continuation of the company's earlier intimation dated February 06, 2026.
What a factory license is
A factory license is a permission granted by the state's labour and factory authorities. It allows a premises to be used and run as a factory. Any manufacturing unit needs this clearance before it can operate at that site, so for a company setting up a new plant, receiving the license is a permitting milestone on the way to the plant becoming operational.
How to read this update
- This is a permission-related development. It relates to the setting up of a new plant, not to sales, orders or earnings during a period.
- The license is for the new plant at Haridwar, and the company links it to its earlier intimation dated February 06, 2026 on the same subject.
- Updates of this kind help shareholders follow a project through the stages of government approvals that a new manufacturing site requires.
What it means for investors
- A new plant typically moves through a sequence of approvals, and a factory license is one of the steps in that sequence.
- This intimation tells shareholders that the new Haridwar plant has crossed the licensing step.
- The plant starting actual production and contributing to the business is a later stage, so this update is best read as information to track the project's progress rather than as a standalone event.
The letter is signed by Iti Goyal, Asst. Company Secretary and Compliance Officer, for Sharda Motor Industries Limited.
Also from Sharda Motor Industries
FY 2025-26 final dividend of Rs. 20 per share withheld for some shareholders on KYC gaps
21 Oct 2026
CRISIL assigns ESG score of "Crisil ESG 67" ('Strong' category) to Sharda Motor
1 Oct 2026
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