“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.