Filatex India526227Safety incident report
Minor fire at Dahej plant: no production loss, plant fully operating, loss not material and fully insured
A minor fire occurred at the Dahej Plant's central store department around 3.30 P.M. today.
- Incident Location
- Dahej Plant's central store department
- Incident Time
- around 3.30 P.M. today
- Production Impact
- The plant is fully operating with no loss of production
- Injury / Casualty
- no serious injury or casualty
- Insurance Cover
- The loss is not material and is fully covered by insurance, with Loss of Profit cover too
What the company said
- A minor fire incident occurred at the Dahej Plant in the central store department around 3.30 P.M. today.
- The fire was brought under control within a couple of hours.
Impact on operations
- There is no loss of production in the plant and the plant is fully operating.
- The company describes the incident itself as minor.
Impact on people
- None of the workmen or other persons was seriously injured.
- No other casualty happened due to the fire incident.
Impact on money
- In the company's words, the loss due to the fire does not affect the company materially.
- The exact quantum of loss cannot be determined at this stage.
- The loss is fully covered by insurance.
- The company has also taken a Loss of Profit Insurance Policy in case of business interruption.
What has been done
- The company has already intimated the concerned departments and statutory authorities.
How to read this
- This is an update about an event at a plant. The company's own statement covers three things investors usually look at in such cases: whether production was hit, whether anyone was hurt, and who bears the money loss.
- On all three, the update says production was not lost and the plant is fully operating, no one was seriously injured and there was no other casualty, and the loss is not material and is fully covered by insurance.
- The money impact is described in words rather than as a figure; the company states the exact quantum of loss cannot be determined at this stage.
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