Globale Tessile Limited — Important, 24-11-2024: Disruption of Operations

A fire incident occurred at Mahalaxmi Fabric Mills Limited's plant in Ahmedabad, temporarily disrupting production and business operations. The company is currently investigating the cause and assessing the extent of the damage, with adequate insurance coverage in place. Fortunately, there have been no reported injuries or casualties. The situation is being monitored closely, and stakeholders should be aware of potential impacts on operations and financial performance during this disruption. The company is committed to resolving this incident effectively.