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Remsons Industries intimates of disruption in factories located in Daman and Pardi

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Capital Market

Due to heavy rains

Remsons Industries announced that the operations at the Company's factories located at "Goodluck House, Survey No. 729/1, Ringanwada, Village Dabhel, Daman - 396210" and "Survey No. 146, Paria Road, Village - Khadki, Pardi-396121" at Gujarat have been disrupted due to flooding of the factory premises caused by incessant rains in South Gujarat. The factories have been shut down from 01 August 2016 midnight.

Due to heavy water logging and incessant rain, the damage could not be ascertained as of now. The factory is adequately covered by insurance. Adequate steps are being taken to restore normalcy and further updates will be communicated in due course.

 

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First Published: Aug 02 2016 | 6:37 PM IST

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