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| Exchange Disseminated Time | Aarvee Denims & Exports Ltd has informed BSE that on March 01, 2015, around at 7.30 a.m. approx, there was fire broke out at the Company's Vijay Farm unit situated at Narol, Ahmedabad at Fabric Inspection and Packing Department, Garment washing Department, printing and laser department.
Fire was brought under control after considerable efforts by fire fighters. Fortunately, all staff members, workers are safe. No one was injured due to fire.
Due to fire finished and stock in process of fabric stocks, plant & machineries, building, ceiling, electrical cables, wires, electronic components and others were damaged. The Company is in process of estimation of the loss amount.
The Company is investigating the Cause but likely cause of fire appears to be short circuit. Company has lodged the insurance claim with Insurance Company. |
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