PI Industries fell 1.79% to Rs 1,419.35 after the company informed that an accident had occurred at its chemical manufacturing plant located in Gujarat.
The agrochemicals manufacturer said a factory accident that happened in one section of a Multi-Product Plants (MPP) at Jambusar fine chemicals manufacturing site in Gujarat. This accident unfortunately resulted in two fatalities and nine others are injured. The accident did not result in any fire or hazardous emissions but was limited to one MPP and has not affected operations of the other MPPs at the site.
PI Industries is engaged in the manufacturing and distribution of agro chemicals. The firm manufactures agrochemicals, plant nutrients and plant protection, specialty fertilizers and hybrid seeds.
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