Carlsberg's ₹6,600 cr-IPO plans at risk as Raj unit faces shutdown

Rajasthan's pollution control board has revoked Carlsberg India's operating consent for its Alwar brewery and ordered its closure. The action follows findings that the facility's particulate emissions were nearly eight times above permissible limits. The development poses a hurdle for Carlsberg as it prepares for a $700 million (approximately ₹6,600 crore) initial public offering (IPO) in India.