Kriti Industries (India) Limited - Reply to Clarification Sought

25 Aug 2022 , 12:00 AM

The Exchange had sought clarification from Kriti Industries (India) Limited with respect to announcement dated 28-04-2022 regarding Disclosure of other UPSI/material event.On the basis of aforesaid disclosure, the Listed entity was required to clarify the following:Disruption of operations due to natural calamity, force majeure or events such as strikes, lockouts etc (At the time of occurrence)1. Expected quantum of loss/damage caused;2. Whether loss/damage covered by insurance or not including amount;3. Estimated impact on the production/operations in case of strikes/lock outs;Disruption of operations due to natural calamity, force majeure or events such as strikes, lockouts etc (Regularly, till complete normalcy is restored)1. Insurance amount claimed and realized by the listed entity for the loss/damage;2. The actual amount of damage caused due to the natural calamity or other force majeure events;3. Details of steps taken to restore normalcy and the impact of the natural calamity/other force majeure events on production or service, financials of the entityThe response of the company is attached.