Sunrise Zinc Ltd was incorporated on January 15, 1993 and received certificate of commencement of business on June 30, 1993.
The proposed activities of company are to manufacture 4,250 TPA electrolytic zinc, 1100 TPA of copper sulphate, 3500 TPA of G.O.B. zinc, at Plot L 2 and 3 Cuncolim industrial Estate, Cuncolim, Goa (South).
The company is a sick Industrial Company as declared by BIFR. The plant was closed for over three months on the directives of Goa State Pollution Control Board. Subsequently on the directions of the Goa Bench of the Bombay High Court, NEERI visited the company and based on its recommendations, the GSPCB has allowed the plant to re-commence operations on certain conditions. The company continues to be a sick company under SICA Act, 1985 as declared by BIFR on December 19, 2003.
Sunrise Zinc has appealed before the AAIFR, against the BIFR order but the verdict is still pending and yet to be decided.
The company has been suspended from the BSE due to penal reasons.