Trident receives joint first prize at FICCI Water Awards 2020; Stock ends 3% higher
IIFL Securities , Feb 17, 2021
Trident Limited has been awarded the Joint First Prize at FICCI Water Awards 2020 in the category of “Industrial Water Use Efficiency.’ The FICCI Water Awards were launched to promote awareness, policy advocacy, sharing of best practices and thought leadership in the area of water use efficiency.
Deepak Nanda, Managing Director, Trident Limited said, “We are elated to accept this award. The award not only recognizes our efforts towards sustainable manufacturing practices especially water conservation but also motivates us to do more and better every day. There is no doubt that this is the need of the hour, and we hope that this recognition encourages more organisations to deploy responsible manufacturing processes like Water Balance and Zero Liquid Discharge System.”
As per the regulatory filing, the award is instituted by the Federation of Indian Chambers of Commerce & Industry, (FICCI), a professionally run apex business organization in India. Trident Limited has been chosen for this award for the measures undertaken for the establishment of water efficient machineries, zero liquid discharge system, kaizen implementation, rainwater harvesting, etc.
On Sensex, Trident settled at Rs13.96 per piece up 3.10%.
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