Dear Sir
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 this is to inform that fire broke out on June 15 2019 at around 02.30 A.M. in Washing Machine Division of the Company situated at P-4/6 Site-B UPSIDC Industrial Area Surajpur Greater Noida Dist. Gautam Budh Nagar (U.P.) - 201306.
The fire was extinguished with help of Fire Department and prevented from spreading to other areas in the factory. The Fire Department is still at work at the said place to have a continuous watch on the incident. We are currently investigating the matter with the help of local law enforcement and administration.
The raw materials and finished goods stored therein are destroyed/damaged. However all of them are adequately insured. Further no damage caused to the manufacturing facility therein and we expect to resume operations at washing machine division within a week.
As per our preliminary assessment this unfortunate incident would not affect our top line and bottom line growth for the current financial year and would not have any material bearing on the overall operations/performance of the Company. However we are in the process of appraising the actual impact.
This is for your information and record please.
Ask Value Research 
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