STOCKWATCH
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Plastic Products - Consumer
Legal17 May 2025, 01:21 pm

Fire Accident at VIP Industries Ltd. Warehouse in Guwahati Causes Estimated Loss of Rs. 5-6 Crores

AI Summary

A fire accident occurred at the VIP Industries Ltd. warehouse located in Guwahati, Assam, in the early hours of Saturday, May 17, 2025. The cause of the fire is yet to be determined. Although the fire was controlled, the warehouse operation has been temporarily disrupted. There were no human injuries or casualties reported. The warehouse has adequate insurance coverage, and the initial assessment of the loss is estimated to be between Rs. 5-6 crores. The actual loss/damage to the goods and other assets can be quantified only after full assessment. Any further developments related to this incident will be intimated within due time.

Key Highlights

  • Fire accident at VIP Industries warehouse in Guwahati, Assam
  • Estimated loss of Rs. 5-6 crores
  • Adequate insurance coverage
  • No human injuries or casualties
  • Further developments to be intimated within due time
VIPIND
Plastic Products - Consumer
V.I.P.INDUSTRIES LTD.-$

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