The government had complained to NCDRC that the company's best-seller brand Maggi noodles, which may contain higher-than-permissible levels of some substances like Lead.

Food and Consumer Affairs Minister Ram Vilas Paswan on Wednesday said the NCDRC will probe the matter and take appropriate action. He added the government, for the first time, was taking action under Section 12-1-D of the Consumer Protection Act under which both the central and state governments have powers to file complaints.

On the Bombay Stock Exchange (BSE), the company's stock declined by around 4 percent or 229.30 points at Rs.5,961.80 per equity share at 1.15 pm from its previous close of Rs. 6,191.10.

The scrip had touched a low of Rs.5,800.10 in the intra-day trade so far. "The Maggi issue has dented the stock heavily. The stock is generally an outperformer even when the markets are down," said Vinod Nair, head for fundamental research, Geojit BNP Paribas Financial Services. On Wednesday, the stock declined by 9.05 percent or 616.35 points at Rs.6,191.10 per equity share from its previous close of Rs.6,807.45.

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