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Gulf Oil Lubricants India Limited on Tuesday, October 27, reported a fire at its warehouse in Nagvas village, Umbergaon taluka, Valsad district, Gujarat. The fire broke out at around 3 pm, according to an exchange filing.
The company said the cause of the fire remains uncertain, although a preliminary assessment suggests it may have originated from an adjacent neighbouring unit. No injuries or casualties have been reported.
The company said, "There have been no reported injuries or casualties, and we are currently assessing the full extent of the damage. Further, we would like to state that the stock at the affected warehouse is insured, and necessary claims will be filed in due course."
Gulf Oil Lubricants said it is assessing the full extent of the damage caused by the incident. The company added that the damage is covered under insurance and that necessary claims will be filed in due course.
The company has not yet determined the expected quantum of loss or damage and said the assessment is underway.
Gulf Oil Lubricants said it will inform the stock exchanges of any further material developments.
Also Read: No-confidence motion moved by Boxing Federation general secretary against president put on hold by High Court
The company said the cause of the fire remains uncertain, although a preliminary assessment suggests it may have originated from an adjacent neighbouring unit. No injuries or casualties have been reported.
The company said, "There have been no reported injuries or casualties, and we are currently assessing the full extent of the damage. Further, we would like to state that the stock at the affected warehouse is insured, and necessary claims will be filed in due course."
Gulf Oil Lubricants said it is assessing the full extent of the damage caused by the incident. The company added that the damage is covered under insurance and that necessary claims will be filed in due course.
The company has not yet determined the expected quantum of loss or damage and said the assessment is underway.
Gulf Oil Lubricants said it will inform the stock exchanges of any further material developments.
Also Read: No-confidence motion moved by Boxing Federation general secretary against president put on hold by High Court
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