Hindustan Coca-Cola Beverages has moved the National Green Tribunal, challenging the order.
Multinational soft drinks manufactureer Coca-Cola on Wednesday withdrew its petition from the Supreme Court after the latter refused to interfere in the resolution of the controversy pertaining to alleged pesticide content in its products.
Central Ground Water Authority declared Arajiline block, where the bottling plant in located, as "over exploited" in 2011
Villagers and activists had long been alleging over-exploitation and pollution of groundwater and soil by the unit.
Coca-Cola plans to raise $41 million or about Rs 200 crore (Rs 2 billion) at face value by divesting 49 per cent stake in wholly-owned subsidiary Hindustan Coca-Cola Beverages Pvt Limited.
Hindustan Coca-Cola Beverages Pvt Ltd has moved the Mumbai high court challenging the Maharashtra government's action of confiscating huge stock of its aerated water products.
The state government's move comes following stiff opposition.
The heat wave that began a few weeks ago as well as the prediction of a possible El Nino weather phenomenon this year has beverage and ice-cream makers hope for a 15-20 per cent growth in sales in May