Galaxy Surfactants said that there was no fire and the company is doing everything that is required to ensure the well-being of all present at M-3 site and extending full support to the families of the victims. Contrary to what is being stated, there were not more than 67 employees at the site.

Galaxy had taken the requisite approvals to operate during the lockdown and have been adhering to all the Central and State guidelines for operating the plant.

Shares of Galaxy Surfactants closed 1.91% higher on Monday at Rs 1,247.50. Domestic Markets were closed yesterday, 14 April 2020 on account of Ambedkar Jayanti.

Galaxy Surfactants is a leading manufacturer of performance surfactants and specialty care products with over 200 product grades. These products are used in consumer-centric home and personal care products like hair care, oral care, skin care, cosmetics, soap, shampoo, lotion, detergent, cleaning products etc.