Kriti Industries India suffers fire accident at Pithampur plant's stock yard; Stock gains 3.5%

29 Apr 2022 , 09:21 AM

Kriti Industries (India) Ltd has informed to the exchanges that a fire had engulfed at the Stock Yard of the company’s Pithampur Plant, Dhar dist., (M.P.) on April 28, 2022 morning.

As per regulatory filing, due to the robust safety measures adopted by the Company, there were no casualties and the fire was restricted to Stock yard area only and the stocks of the company are adequately insured.

Whilst the loss is being assessed, the fire was extinguished with help of in-house arrangements and Fire Brigade and the situation was brought under control immediately.

Other routine operations including production at plant have been resumed, said company.

On Friday at around 9:22 AM, Kriti Industries (India) was trading at Rs108.65 apiece up by Rs3.75 or 3.57% from its previous closing of Rs104.90 apiece on the BSE.