Fire incident at Sequent Scientific Ltd subsidiary’s Unit at Ramky Pharma City SEZ JNPC, Visakhapatnam

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There was an incident of fire at Sequent Scientific Limited’s wholly owned subsidiary Alivira Animal Health Limited’s (Alivira) API facility in Visakhapatnam at around 7:30 pm on Saturday, May 7, 2022.

The fire was brought under control soon. There were no casualties or injuries to anyone on site. While manufacturing activities have been affected temporarily, the initial assessment indicates that there might not be any material financial impact on account of this incident.

The Company has appropriate insurance in place for the unit. The Company has also informed all concerned statutory authorities about the fire incident.