Asian Paints announced that there was a minor fire incident in the under-construction premises of the plant of the Company situated at Ankleshwar, Gujarat, on 21 December 2023 at around 7:05 p.m. The fire was immediately brought under control.
There have been no injuries or loss of life because of this incident. The damage was localised and confined to the cooling tower area of the under-construction premises. The cause of the fire is being investigated.
The production at the existing manufacturing blocks at the Ankleshwar plant of the Company remains unaffected. Further, there is no material impact on the financials or operations of the Company on account of the incident.