On account of fire at Haridwar manufacturing plant
V I P Industries announced that the estimated loss on account of fire in the Stores department, luggage assembly department and Injection moulding department of Haridwar manufacturing plant of the Company is expected to be in the range of Rs. 15 crore to Rs. 20 crore. The Company has already put up its claim with insurance Company.The Company has taken adequate measures based on which the production activity has already resumed and no further loss is being incurred on account of the said fire.
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