BCC Fuba India Limited announced that fire had broken out at the manufacturing facility of the Company situated at 4th KM Swarghat Road, Nalagarh, Himachal Pradesh in the morning hours of May 8, 2022. The fire was extinguished within sufficient time by the Fire Department of Nalagarh immediately upon the receipt of the information from the plant. Considering the damage to the machinery caused to the aforesaid fire, operations have been affected partially at the Nalagarh plant, till further assessment of the cause and implementation of corrective actions.

However, no injury was caused to any of the worker of the Company present during the said fire. Pursuant to the said fire, the production to the tune of 100 sq. meter per day of Printed Circuit Boards will be impacted till the time the machinery is restored and ready for production.

The Company is confident to restore the machinery within 30 days. The company further informs that the loss caused to the machinery is duly insured and the company will be able to recover the same subject to the survey from the Insurance Company.