Business Update12 Aug 2026, 07:43 pm
GHCL Textiles Warehouse Fire Loss Estimated at ₹27 Crores
AI Summary
GHCL Textiles Ltd has provided an update on a fire incident at one of its warehouses near Tuticorin Port. Preliminary internal estimates and ongoing insurance surveys suggest a loss of approximately ₹27 Crores to stock. The company confirmed no human casualties or injuries and stated that production and operations remain unaffected. Both the warehouse structure and inventory were adequately insured, and insurance claims have been initiated. Further updates will be provided as the assessment concludes.
Key Highlights
- Warehouse fire incident reported near Tuticorin Port.
- Estimated stock loss amounts to approximately ₹27 Crores.
- No human casualties or operational impact reported.
- Affected warehouse and stock are fully insured.
- Insurance claims have been filed; further updates pending.
Price Impact
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