Gravita India suffers fire accident at Mundra plant, Gujarat; Stock down 2%

14 Nov 2022 , 01:06 PM

Gravita India Limited has informed to the stock exchanges regarding fire incident at company’s Mundra Plant, Gujarat.

According to the filing, a fire incident occurred on Sunday’s evening at company’s Mundra plant situated at Survey no.43.Near National highway no.8A, Patri Gundala road, Village Gundala, Taluka Mundra, Kutch (Gujarat).

The fire has been bought under control well in time and there is no loss or injury to human life.

“Our company has full insurance coverage for this and the same has been informed to Insurance Company also.The cause of fire and the damage is being currently assessed”, the company said in a regulatory filing.

At around 1:13 PM, Gravita India Ltd is currently trading at Rs346.95 per share down by Rs7.25 or 2.05% from its previous closing of Rs354.20 per share on the BSE.

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