There was a fire accident at Rushil Decor Ltd's factory situated at Plot No. 58, 59, 60p, Amble industrial Estate, Village Amble, Tai. & Dis. Chikmagalur, Karnataka on Monday, 18th March, 2019 at around 3:25 PM. The fire broke out in the store room located at road side of the factory and spread to some extent into the factory.
Fortunately, there has been no loss or injury to human life. Also no damage to plant & machinery is occurred. The Company is in process of ascertaining the actual loss caused by the fire and have informed the insurance company of the same. The assets damaged by the fire are adequately covered by insurance.
As the fire was controlled within time by the workers of the company with the help of fire brigade, working of company was not much disrupted and presently company is in working condition.
Shares of RUSHIL DECOR LTD. was last trading in BSE at Rs.460.6 as compared to the previous close of Rs. 469.95. The total number of shares traded during the day was 518 in over 57 trades.
The stock hit an intraday high of Rs. 490 and intraday low of 455. The net turnover during the day was Rs. 239064.