Star Paper Mills has informed that in reference to disclosure dated 19th Dec., 2023 informing a fire incidence in one of stock yards of the Mill, the additional details pursuant to Reg 30 of SEBI (LODR) Regulations, 2015 are as under: At the time of occurrence of fire: expected quantum of loss/damage caused: Approx. Rs. 2 Crores (Rupees Two Crores) ; whether loss/damage covered by insurance or not including amount: Yes, covered by insurance; Amt: Rs. 2 Crores (Rupees Two Crores); estimated impact on the production/operations in case of strike/lockouts: Not Applicable/Nil d) factory/unit where the strike/lock out takes place including reasons for such strike: Not Applicable/Nil (I) Regularly, till complete normalcy is restored: insurance amount claimed and realized for the loss/damage: Under process; the actual amount of damage caused due to fire: Rs. 2 Crores (Rupees Two Crores) , details of steps taken to restore normalcy and impact of the incidence on production, financial of the entity:
The above information is a part of company’s filings submitted to BSE.
