Waterbase has informed that the operations at the Company’s factory located at Ananthapuram Village, Nellore has been disrupted due to flooding of the factory premises caused by incessant rains. For safety reasons, the factory has been shut down from on November 19, 2015. Due to heavy water logging and continuous down pour the damage could not be ascertained as of now. The factory is covered by insurance. The management is taking adequate steps to restore normalcy and shall share further updates in due course.
The above information is a part of company’s filings submitted to BSE.
