"We confirm that there was death of two persons due to the said fire on January 16, 2016 out of which one was our employee and the other one was a contractual labour," TGB Banquets and Hotels said in a BSE filing.
The fire has not affected any part of the hotel building, it added.
Shares of TGB Banquets and Hotels today closed 19.31 per cent down at Rs 79.80 per scrip on BSE.