As per gujarati newspaper gujarat samachar, there was a fire incident in which 5 workers were injured severely and admitted to a private hospital in baroda. Out of these 2 were discharged and 3 are still undergoing treatment.
The authorities have ordered closure of 3 subunits involved in manufacturing some specific product. Whereas fire was there in one unit.
No announcement from the company on exchanges till now.
Stock price has corrected 5-6% in sync with news.
disc: invested and no transactions in last month.