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CA Sumit Mangla

25th Jul · SEBI-Registered Analyst

Gandhar Oil Assesses Flood Impact at Silvassa Plant After Heavy Rainfall

$GANDHAR is assessing the impact of unprecedented flooding at its Silvassa manufacturing plant (Unit No. 2) caused by heavy rainfall in the region. The company has informed exchanges that operations at the facility were disrupted due to flood-like conditions, with the extent of damage to assets and production currently under evaluation. Adequate insurance coverage is in place, and the insurer has been intimated. Restoration measures are underway, and the company will provide further updates on any material developments. Top stocks in the lubricants/specialty oils industry: $CASTROLIND , $GULFOILLUB , and $SOTL .

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