On 10 May 2015
Khaitan Electricals announced that there was a fire accident at the Company's Hyderabad Works situated at 129, Sri Venkateshwara Co-op. Industrial Estate IDA, Bollaram - 502 320, Medak Dist. (A.P.) on 10 May 2015.The estimated value of the Raw materials, Work in Progress, Finished Goods and / or Plant & Machinery that are destroyed / damaged are being worked out. The above mentioned assets / goods are fully insured for fire. We do not expect any major disruption in the Company's operations on account of the above.
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