Corporate Announcement
Security Code : 524370    Company : BODALCHEM    
 
Fire took place at Company's Unit - IV situated at G.I.D.C. Vatva 
  Exchange Disseminated Time     
Bodal Chemicals Ltd has informed BSE that on May 14, 2015, around 6.45 p.m. approx, there was fire at the Company's Unit-IV situated at Phase-II, G.I.D.C., Vatva, Ahmedabad at plant area and storage area situated at the unit-IV.

Further, Fire was brought under control after considerable efforts by fire fighters and fortunately, all labors, workers and staff members are safe. No one has been injured due to fire.

Due to fire part of inventories, part of plant and machinery, part of electronic components, part of Building structure and others has been damaged. The Company in process of estimation of loss amount caused due to fire.

Furthermore, the above said items are fully insured and Company is in process to lodge claim with respective insurance company.

The Company has also inform that compare to the overall production capacity of the Company; this unit has hardly have capacity of 2% to 3% of total production. Hence, this will not make any impact on the production, sales, turnover and profitability of the Company anyhow.
 

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