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Wednesday, March 30, 2011

Gloster Ltd: Fire at Jute Godown at Company's Mill Bauria

Gloster Ltd has informed BSE that a fire has broken out at one of the Jute Godown at the Company's Mill Bauria on March 29, 2011 causing damage to raw material stock & the godown. However, the fire came under control in the early morning on March 30, 2011 but fire fighting is under way.

Further the Company has informed that, the operations of the mill are not disturbed & work is going on normally.

The extent of damage / loss is yet to be ascertained. However, there is adequate coverage of insurance for the properties/ stock.

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