On 6th March 2021, around 8.15 AM, a sudden fire was noticed in two of the alcohol storage tanks with a combined capacity of Extra Neutral Alcohol of 350,000 bulk litres.
The Company's emergency response team along with the local fire brigades were able to bring the fire under control without any spread to other alcohol production, storage and bottling areas. Furthermore, there was no loss of life.
There is no material impact on revenues/production of the Company due to this fire incident. Production was stopped only for a few hours as a precautionary measure. As of now all alcohol production and bottling operations have resumed.
The company has stated that it has adequate insurance in place to cover the damages at the plant. The insurance companies are already intimated and they are in the process of ascertaining the extent of loss.
The company also thanked the local administration including the District Fire Control Department for their prompt action. |
