This accident unfortunately resulted in three fatalities and twelve others are minorly injured, the company informed.
In a regulatory filing, the company said, "The accident did not result in any fire or hazardous emissions but was limited to one Plant (i.e. Gamma Acid Plant), the production of the said plant will be affected for 4 to 5 days from today and has not affected operations of the other Plants at the Factory."
In compliance with the company's protocols, investigation has been initiated to determine the root cause (Hazop) of the accident. While the impact of the accident is being ascertained, the damaged equipments are fully covered by way of insurance.
"The company is thankful to the local administration and factory staff for providing timely support", it further added.
At around 9:17 AM, Bhageria Industries Ltd is currently trading at Rs159.60 per share up by Rs0.2 or 0.13% from its previous closing of Rs159.40 per share on the BSE.
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