Fiem Industries updates on fire accident

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Capital Market
Last Updated : Jan 27 2018 | 10:16 AM IST

At its Hosur unit

Fiem Industries announced that a fire accident happened on 25th January 2018 at around noon in one portion of its Unit-5, situated at Kelamanglam Road, Achettipalli Post, Hosur 635110, Tamilnadu.

There was no loss or injury to human life and the fire was put off in few hours. The company is in the process of ascertaining the loss caused by fire. Further, Company has initiated necessary procedure for insurance claim as Company's assets are adequately covered with the insurance. Company is also in the process of arranging supply to its esteemed OEM customers temporarily from other Units and also taking adequate and swift actions to ensure re-functioning of the affected Plant at the earliest.

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First Published: Jan 27 2018 | 9:57 AM IST

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