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Swaraj Engines Limited - Updates

Capital Market/ 15:30 , Nov 22, 2011

Swaraj Engines Limited has informed the Exchange that there was a minor fire incident in the Engine Testing Area of the Company's factory premises located at Plot No. 2, Industrial Phase IX, S. A. S. Nagar (Mohali), Punjab in the evening of November 17, 2011. There is no material effect of this incident on the operations of this Company and normal production of engines was resumed within two hours of the incident. There has been no injury to any person due to this incident. The engine testing facilities will remain un-operational for some time. In the interim the Company will use the alternate engine testing facilities available at Swaraj Division of Mahindra & Mahindra Ltd. The Company has adequate insurance to cover the damage.

 



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