Loyal Textile Mills Limited announced that a minor fire broke out in the weaving shed in one of the plant located at Andhra Pradesh. The fire was brought under control within the time and none of the Workmen or other persons were injured or other casualty due to the fire accident. The company has informed the accident to the Insurance company and is in the process of ascertaining the actual loss caused by the fire.

The company is taking steps to restart weaving operations in the plant at the earliest. Other operations in the Unit and all other units are intact.