Laurus Labs has informed that on the evening of 26th December 2022 flash fire occurred in one of the rooms in one manufacturing block of its API manufacturing plant (Unit 3), Jawaharlal Nehru Pharma City, Parawada, Anakapally district, Visakhapatnam, Andhra Pradesh. The operations in the other production blocks are running normally. Further, it has informed that two of regular employees and two contract employees have lost their lives after reaching hospital. One regular employee is in hospital and undergoing treatment. The company extended its full support to the families. The Company launched investigation into the incident. The Company estimates that no material impact on the operations.
The above information is a part of company’s filings submitted to BSE.