Srinivasa Hatcheries suffers substantial damage to its two units near Visakhapatnam

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Capital Market
Last Updated : Oct 13 2014 | 6:47 PM IST

Due to Hudhud cyclone

Srinivasa Hatcheries announced that the operations in two of the Company's units near Visakhapatnam have been disrupted and the properties therein have suffered substantial damage on account of the severe cyclonic storm 'Hudhud' on 12 October 2014.

Further there was damage in the Company's other units also, however the details regarding the nature and extent of damage could not be ascertained as the communication and transport system have been completely paralyzed. All the assets except the livestock have been covered by insurance. Efforts have begun to restore normalcy in operations in the units.

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First Published: Oct 13 2014 | 6:15 PM IST

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