Fire Breaks Out At Aarti Drugs Unit In Maharashtra
2018-03-09 Shutdown/Strikes/Disturbances Drugs & Pharmaceuticals Western India
Aarti Drugs Limited ("the Company") informs that the unit situated at Maharashtra Industrial Development Corporation (MIDC), Tarapur belongs to the company has been adversely affected due to a massive explosion in adjoining Unit E - 107 of Novaphene Specialties Private Limited. The assessment of damages is under process. The aforesaid unit has contributed 16% of total revenue from operations of the company for the period ended 31st December 2017.