Krishana Phoschem Limited has informed the Exchange about Temporary Disruption of Operations
KRISHANA · price
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Krishana Phoschem reported a temporary halt in operations at its Meghnagar plant in Jhabua, Madhya Pradesh, caused by heavy rainfall and a thunderstorm. The company managed to resume plant operations within 24 hours of the disruption. The exact quantum of loss or damage is still being assessed, and the company has confirmed that the loss is covered under its insurance policy. The final loss amount will be determined after the insurance survey is completed.
The disruption was short-lived and operations have already restarted, limiting any significant impact on production. Since the loss is insured, the financial hit to the company should be largely mitigated.