The Exchange had sought clarification from Shiva Mills Limited with respect to announcement dated 09-08-2022 regarding optimizing the production level of Spinning Unit of the Company and implementing production cuts for the month of August 2022 & September 2022.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;The response of the company is attached.
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