Fire broke out at the warehouse of Hindustan Composites' factory situated at D-2/1, MIDC Industrial Area, Paithan, district Aurangabad on June 06, 2014. The same was controlled and there was no loss of life and damage to the plant and machinery. The Company is in the process of ascertaining the extent of loss.
The production activity was marginally affected but normal operations are expected to be resumed in a day or two. Further, any damage sustained by the Company due to the accident is covered by insurance.
Hindustan Composites is a pioneer in the development, manufacture & marketing of Asbestos Industrial Products and Friction Materials in India for over 45 years.
