Fire breaks out at Bharat Rasayan's Dahej plant in Gujarat; Stock dips 2%

19 May 2022 , 11:51 AM

Bharat Rasayan has informed that a fire occured at one block of its plant at Dahej, district Bharuch, Gujarat on May 17, 2021.

As per the filing, the cause of the fire is under investigation. At the time of submitting this intimation, the company said that efforts are continuing to control the fire with the help of Fire Brigade. Further, 8-10 people people onsite have sustained injuries and are receiving treatment at the local hospital. 

The Company has full insurance coverage for this and has informed the insurance company about the incident.

Bharat Rasayan is committed to extend all assistance to the relevant authorities investigating to this matter, it further added.

At around 11:52 AM on Thursday, Bharat Rasayan was trading at Rs11,627.15 apiece down by Rs223.65 or 1.89% from its previous closing of Rs11,850.80 apiece on the BSE.