Fire incident at VS Plant of Aksharchem India Limited

A fire broke out on 2nd May, 2024 at around 04:30 p.m. (IST) in the VS Plant of Aksharchem (India) Limited located at Village: Indrad, Chhatral-Kadi Road, Mahesana-382715.

Due to fire incident, production operation of the said plant disrupted. However, there were no human injuries or casualties reported. The Company is in the process of ascertaining the cause of the fire and the actual loss caused by it.

The Company has adequate insurance coverage and has informed the insurance company about such incident.

Shares of AksharChem India Limited was last trading in BSE at Rs. 274.75 as compared to the previous close of Rs. 277.75. The total number of shares traded during the day was 177 in over 59 trades.

The stock hit an intraday high of Rs. 278.00 and intraday low of 273.45. The net turnover during the day was Rs. 49010.00.

Source : Equity Bulls

Keywords

AksharChemIndia INE542B01011 FireIncident VSPlant