“An insurance claim has been lodged and clearing/removal of debris has commenced. Damage to underlying equipment, if any, will be possible to be assessed only after clearing/removal of debris.
The company had earlier suspended production at Saharanpur plant in the wake of Covid-19 pandemic. Production remains suspended in the plant.
At around 10.17 AM, Star Paper Mills Ltd was trading at Rs147.35 per piece up by Rs2.05 or 1.41% from its previous closing of Rs145.30 per piece on the BSE.