Date: August 01, 2026
Incident Details
- A fire incident occurred on August 1, 2026, at approximately 6:30 PM
- Location: Company's warehouse at No: 1S/1-A, Madurai Bye Pass Road, Tuticorin (near Tuticorin Port)
- The warehouse was used for storage of imported raw cotton bales, which serve as raw material for the manufacturing process
- The cause of the fire is yet to be ascertained
Impact Assessment
- No human casualties or injuries reported
- No impact on production/operations of the Company
- Financial impact is being ascertained and will be communicated to stock exchanges and investors in due course
Insurance Coverage
- The warehouse and stock at the affected location are adequately insured
- The Company has already intimated the insurance company regarding the incident
- An insurance survey is expected to be conducted in due course
Response Actions
- The fire was brought under control by the local Fire Department authorities along with the Company's internal team