Grasim Industries informs about updates

25 Sep 2023 Evaluate

In continuation to the letter dated 23rd September 2023 regarding the incident at Century Rayon plant, Shahad (‘the plant’), Grasim Industries has informed that the company is in the receipt of the Order from Department of Industrial Safety & Health, Kalyan (DISH) (‘the Order’) under the Factories Act, 1948 dated 23rd September 2023 and in accordance with the Order, Carbon Di Sulphide (CS2) refining section of the plant has been closed temporarily and shall be operational after complying the conditions stipulated in the Order. The Management has initiated the necessary steps to comply with the conditions stipulated in the said Order and further this is not likely to have a material impact on the Company’s profitability. Further, it has informed that 2 yet to be accounted persons have been found to be deceased.

The above information is a part of company’s filings submitted to BSE.

Grasim Industries Share Price

2189.00 -12.10 (-0.55%)
23-Feb-2024 16:59 View Price Chart
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