SI Group India Updates on damage due to rain in Mumbai

SI Group India Ltd has announced that due to very heavy rains on June 30, 2007 and accumulation of water inside the Company's plant at Navi Mumbai, the Company has been compelled to stop production and is in the process of assessing the damage caused by the rains / flooding before it can restart operations.

The loss / damage has been adequately covered by insurance.

Source : Equity Bulls

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