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Fire breaks out at Godrej Industries’ plant in Gujarat

08 Jun 2015 Evaluate

A fire broke out in a section of Godrej Industries' plant at Valia, Gujarat. The cause of the fire and necessary repairs required is being assessed. The Company has adequate fire insurance cover and this incident is not expected to have any material impact on the financial performance of the Company.

Godrej Industries is part of the Godrej group, one of the leading business groups in India and is in the businesses of Oleo-chemicals, surfactants, finance & investments and estate management. It has substantial interests in several industries including property development, oil palm plantation, animal feeds and agro-products, poultry, personal care and household care etc., through its subsidiaries, associate companies and joint venture.

Peers
Company Name CMP
Godrej Industries 1046.30
SRF 2467.00
BASF India 3478.30
Pidilite Inds. 1519.75
Tata Chemicals 616.60
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