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| Exchange Disseminated Time 01/12/2015 13:52:44 | Bimetal Bearings Ltd has informed BSE that due to continuous torrential down pour at Chennai the production activities at Company's factories at Sembium and Thoraipakkam could not be carried out and due to water logging and some portions of raw materials and finished goods were inundated.
Our stocks are adequately insured and the Company will be preferring claim on the Insurance Company in due course after ascertaining the exact quantum of loss.
The Company has taken steps and the production activities at the plants have been restored. |
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