Radico Khaitan: No impact on revenue due to fire incident at Rampur plant, Uttar Pradesh

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.

Mar 08, 2021 10:03 IST India Infoline News Service

Radico Khaitan
Radico Khaitan Ltd. intimated the exchanges about a fire that broke out at the company's Rampur plant in Uttar Pradesh.

“On March 6, 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 said in a regulatory filing.

The company said its 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.

It further informed that 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,” it added.

At around 10.05 am, Radico Khaitan  was trading at Rs591.25 per piece up by Rs2.85 or 0.48% on the BSE.

Related Story

Open Free Demat Account (Rs699)