Intimation regarding fire accident in office
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Awaiting price reaction for this filing.
A fire broke out at A-1 Limited's registered office at Corporate House, Shivalik Business Centre, Ahmedabad on February 12, 2025 at around 8:00 PM. No injuries or loss of life occurred as it happened during non-working hours. The fire was controlled by the fire department, and business operations at all other locations are running smoothly, with only the Admin office affected. The company has adequate insurance coverage and the insurer has already visited the site, though the exact quantum of loss/damage is still being assessed.
Short-term disruption is limited to the admin office; financial impact is expected to be largely covered by insurance, so the effect on shareholders and stock price should be minimal.