On 03 June 2014Sharon Bio-Medicine announced that a fire erupted in one of the API and Intermediate Pant located at Plot no W-34 & W-34/1, MIDC, Taloja, Dist. Raigad, Maharashtra.
The incident took place on 03 June 2014. No Human loss has been reported except for the stock, material and capital loss.
All the stock, material and capital assets have been adequately insured. The Company has also taken the Loss of Profit policy on this Plant.
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At meeting held on 04 June 2014