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Exchange Disseminated Time | Timken India Ltd has informed BSE that a fire broke-out in the Company's third party logistic provider's warehouse in Pune on Sunday morning. No one was injured in the incident but there seems to be substantial damage to the Timken inventory held under trust with the third party logistic provider. The extent of loss is being ascertained by competent authorities.
Further the Company has informed that the Company is trying to restore regular operations as early as possible through the Company's business continuity plan and working towards minimal impact on customer delivery schedules. |
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