Pursuant to regulation 30 of SEBI (Listing Obligation and Disclosures Requirements) Regulation, 2015, this is to inform you that due to incessant heavy rains and flash floods in Himachal ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Winsome Textile Industries has informed the stock exchange that its 3.5 MW Small Hydro Power (SHP) unit in Dharamshala, Himachal Pradesh has been severely hit by heavy rains and flash floods, resulting in a complete halt of power generation. The time needed to restart operations and the extent of physical/operational damage are not yet clear. The company has a Business Interruption (Loss of Profit) Insurance Policy in place and will file a claim with the insurer in due course.
Short-term loss of revenue from the hydro power unit until operations resume, with the financial hit partly cushioned by insurance coverage. The disruption is limited to one SHP unit and unlikely to materially affect the company's textile business, but exact loss quantum remains uncertain.