Varun Beverages Ltd updates on incident at its manufacturing facility

Varun Beverages Limited follows a high level of safety standards at all its manufacturing facilities without exception. The Company conducts regular preventive maintenance including annual maintenance at its plants.

During this process on 21st November, 2022, the Plate Heat Exchanger (PHE) caused a noticeable smell in the area towards security. As per the Company's SOP, the security set-off an alarm and listening the alarm, the staff followed the Company's SOPs to ensure complete safety and avoid any eventuality of mishap of any kind - human or assets.

Some conscientious locals also called fire brigade, police and other agencies who after ensuring the safety standards concluded that the situation was normal to everyone satisfaction and there was no mishap or any injury caused to anyone which was duly communicated to all.

Shares of Varun Beverages Limited was last trading in BSE at Rs. 1102.50 as compared to the previous close of Rs. 1144.30. The total number of shares traded during the day was 123202 in over 7900 trades.

The stock hit an intraday high of Rs. 1155.20 and intraday low of 1091.00. The net turnover during the day was Rs. 138361992.00.

Source : Equity Bulls

Keywords

VarunBeverages INE200M01013 ManufacturingFacility Incident