V-Mart Retail Limited — Important, 19-11-2024: Disruption of Operations

A fire accident occurred at V-Mart's store in Ahmedabad, Gujarat, resulting in damage to inventory and assets estimated to be less than 1 Cr. Fortunately, there were no injuries or loss of human life. The company has adequate insurance in place and is actively collaborating with the insurer to assess and process the claims related to this incident. Investors should monitor the situation, as the effective handling of insurance claims could mitigate financial impacts and maintain operational continuity.