ALEMBIC PHARMACEUTICALS LTD.

ALEMBIC PHARMACEUTICALS LTD. - Updates

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18 Aug 2017
Subject: Disruption in plant operations at Algerian JV <BR> <BR> This is to inform the exchange that there was a fire incident at our Algerian Joint Venture plant at Constantine, Algeria Constantine, Algeria. It has had been brought under control. No casualties or injury to any persons is reported. The cause of accident and the extent of damage is being investigated and assessed. Though the fixed assets and inventories are covered under insurance policies and we do not expect a major adverse impact, we expect a disruption in operations till the plant is put back on stream. <BR> <BR> Alembic Mami SPA is a joint venture in which 49% equity stake is held by Alembic Global Holding SA (AGH), 100% subsidiary of Alembic Pharmaceuticals Limited.<BR> <BR> We request you to kindly take the same on record.<BR>
View all announcements for ALEMBIC PHARMACEUTICALS LTD.	Source: BSE India

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