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Fire accident in Gokaldas' fabric godown in Bangalore

16
Apr '10
Gokaldas Exports Ltd has informed that, early morning of April 16, 2010 at 2 AM one of Company's Raw Material (fabrics) godown was involved in a major fire accident. Presumably the short circuit is the reason for the cause of accident. The loss is being assessed. However the godown is adequately covered by insurance.

Some of the export garment deliveries will have to be re-negotiated. Now steps are being taken to contact Company's customers and re-fix the delivery dates.

The Company feel that this incidence will not have major impact on the revenue and production of the Company. Alternate arrangements are bring made.

Gokaldas Exports Ltd


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