Tirupati Inks Ltd has informed BSE that a major fire has erupted at the factory premises of the Company at Kanpur, Uttar Pradesh during early hours of March 21, 2011. It may, however, be clarified that plant and machineries, inventories and other assets were fully insured. The management is in the process of assessing the loss suffered and filing claims with insurance authorities and taking other necessary actions in this regard.
It is pertinent to mention that the manufacturing facilities of the Company at Jammu are fully operational and hence, the Company is not anticipating any major disruptions in the delivery schedule of the finished products.
Sensex
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Wednesday, March 23, 2011
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