Business Update13 Aug 2025, 12:17 pm
Winsome Textile Industries' 3.5 MW SHP Unit in Himachal Pradesh Hit by Heavy Rains and Flash Floods
AI Summary
Winsome Textile Industries Ltd. has been affected by incessant heavy rains and flash floods in Himachal Pradesh, severely impacting the operations of its 3.5 MW Small Hydro Power (SHP) unit in Dharamshala. The company has taken a Business Interruption Insurance Policy (Loss of profit Policy) and will file a loss of profit claim with the Insurance Company in due course.
Key Highlights
- Winsome Textile Industries' 3.5 MW SHP unit in Dharamshala, Himachal Pradesh severely affected by heavy rains and flash floods.
- Company has taken a Business Interruption Insurance Policy (Loss of profit Policy) to cover potential losses.