Ascertains damages at Dhami factory due to fire
Ruby Mills announced that there was a fire at Dhamni Factory near Khopoli on 06 January 2016.Now that the company has provisionally ascertained the damage wherein a few looms are damaged and 4 machines require spare part replacement. The impact of the fire does not have any material bearing on the production and the projected profitability. The estimated losses are adequately covered by Insurance.
In the meantime the company is making arrangements on an urgent basis for imports required.
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