Image Source: Indian Retailer
A huge fire engulfed Libas Consumer Products Ltd's Mumbai shop, causing heavy economic losses but, thankfully, no casualties. The fire has caused a brief stop in operations, with authorities to probe the cause.
On May 5, 2025, Libas Consumer Products Ltd, a leading retail brand, witnessed a huge fire at one of its Mumbai stores. The fire resulted in severe property loss valued at ₹25 million. Emergency services were quickly deployed, and although the store incurred losses, there were no casualties. The company has reassured stakeholders that the reason behind the fire will be investigated fully, and business will resume as soon as possible.
Incident Overview
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A blaze broke out at Libas Consumer Products Ltd's Mumbai outlet, resulting in extensive property damage.
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The financial loss due to the incident is estimated at ₹25 million.
Response and Safety
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Several fire tenders were rushed to the location, and firefighting operations were immediately conducted.
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No casualties or injuries were reported among customers or employees.
Operational Impact
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The fire has resulted in a short-term disruption in store operations.
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The firm is also evaluating the full extent of damage and making plans for restoration.
Investigation
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The fire cause is still unknown and will be evaluated in due course.
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It is expected that authorities and officials from the firm will make a thorough investigation in order to avert future occurrence.
Company Statement
Libas Consumer Products Ltd has been relieved that no individuals were injured and assured the public that safety remains a priority.
The firm will inform stakeholders as more information is made available.
Sources: News9 Live, Alma Mater IITR, ANI News
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