RSWM shelves ₹740-crore Jammu recycling project, to surrender land

The company said its board of directors decided to drop the project as it was no longer viable, with incentives, subsidies and other approvals unlikely to materialise in the near future. The shares of RSWM Ltd ended 3% in the green in the session on Monday, September 8. The stock has fallen 17.78% in the year so far.

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