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Sunday, March 13, 2011
Tata Global Beverages Ltd: Fire Accident
Tata Global Beverages Ltd has informed BSE that there has been an incident of fire in the early hours on March 11, 2011 at the Company's Instant Tea unit in Munnar. There has been no loss of life or damage to process machinery. However there has been damage to raw material stocks and warehouse building which is being assessed. The financial loss is not expected to be material and Company has adequate insurance cover.
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