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Aarvee Denims & Exports receives insurance claim money

Capital Market

From Oriental Insurance Company and United India Insurance Company

Aarvee Denims & Exports announced that with reference to the fire insurance claim lodged with Oriental Insurance Company and United India Insurance Company in respect of the fire incidence happened on 1 March 2015 at Company's Vijay Farm Unit, it has received Rs 6.74 crore from United India Insurance Company and Rs 6.29 crore from Oriental Insurance Company towards settlement of insurance claim.

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First Published: Jun 09 2017 | 5:34 PM IST

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