Tide Water Oil intimates of fire accident at premises of contract manufacturer

Image
Capital Market
Last Updated : Feb 16 2023 | 6:31 PM IST
Tide Water Oil Co (I) announced that a fire broke out on 15 February 2023 at the premises of a Contract manufacturer of the Company located at Silvassa. Stock of lubricant worth Rs 0.5 crores approximately had been damaged as per initial estimate. The entire stock of lubricant was covered by insurance. The incident is expected to temporarily affect supply of materials to dealers located in Western Region. The fire broke out at the premises of Autocare Lubricants, a Contract manufacturer of the Company at Plot-70/71, Govt Industrial Estate, Vill- Khadoli, Silvassa, Dadra & Nagar Haveli and Daman & Diu (UT), Pin- 396230.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Subscribe to Business Standard digital and get complimentary access to The New York Times

Quarterly Starter

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

Save 46%

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Access to Exclusive Premium Stories Online

  • Over 30 behind the paywall stories daily, handpicked by our editors for subscribers

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 16 2023 | 6:14 PM IST

Next Story