There was an unfortunate incident of fire that took place on January 5th/ 6th, 2019 at the premises of Godrej Consumer Products Ltd's Nigerian subsidiary.
The fire has been contained and isolated to a part of the warehouse and a section of the production area. There was no injury or loss of life in this incident. We are yet to ascertain the cause of the fire and investigations are on. The estimated loss is approximately INR 35 crore (including potential business disruption). The loss/damage is fully covered under appropriate insurance policies. The impact, if any, is not material on the consolidated financials of the Company.
Shares of GODREJ CONSUMER PRODUCTS LTD. was last trading in BSE at Rs.781.3 as compared to the previous close of Rs. 800.2. The total number of shares traded during the day was 57546 in over 1835 trades.
The stock hit an intraday high of Rs. 808.05 and intraday low of 776.45. The net turnover during the day was Rs. 45091795.