Asian Paints reported a fire incident at the company's paint manufacturing facility in Vishakhapatnam in the state of Andhra Pradesh on April 08, 2019. The fire has been brought under control. The Company is in the process of assessing the extent of damage.
The manufacturing operations of the plant have been affected. This will not have any impact on the business operations of the Company.
Asian Paints is engaged in the business of manufacturing, selling and distribution of paints, coatings, products related to home decor, bath fittings and providing of related services. The Company's business segments are Paints and Home Improvement.
