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Remsons Industries intimates of disruption in factory operations at Daman

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Capital Market

Due to flooding caused by incessant rains

Remsons Industries announced that the operations at the Company's factory located at "Goodluck House, Survey No. 729/1, Ringanwada, Village Dabhel, Daman - 396210' 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 29 August, 2017.

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 30 2017 | 2:08 PM IST

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