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Serum Institute fire: Co to offer Rs 25 lakh compensation to families of dead

The vaccine major will offer a compensation of Rs 25 lakh in addition to the mandated amount to families of persons who died in a fire at the company's premises in Pune.

Serum Institute fire: Co to offer Rs 25 lakh compensation to families of dead

Friday January 22, 2021 , 2 min Read

Cyrus S Poonawalla, Chairman and MD of Serum Institute of India, on Thursday said the vaccine major will offer a compensation of Rs 25 lakh in addition to the mandated amount to families of persons who died in a fire at the company's premises in Pune.


Meanwhile, Vice President of India, M Venkaiah Naidu, said he was pained by the loss of lives due to a fire at the Serum Institute of India in Pune and expressed condolences to the bereaved family members, through a tweet:

"Pained by the loss of lives due to a fire accident at the Serum Institute of India, Pune. My deepest condolences to the bereaved family members. I pray for the speedy recovery of the injured," Naidu said on Twitter.

Five men died after a fire broke out in a five-storeyed under-construction building at the firm's Manjari premises in Pune on Thursday.

Serum Institute fire

Image: PTI

All were construction workers whose bodies were recovered by fire brigade personnel from the fifth floor, police said, adding nine others were evacuated from the spot.


"Today is an extremely sorrowful day for all of us at Serum Institute of India. Regrettably, there were losses of lives in the fire that broke out in our under installation facility situated at the Special Economic Zone at Manjari," Poonawalla said in a statement.


"We are deeply saddened and offer our condolences to the families of the departed. In this regard, we will be offering a compensation of Rs 25 lakh to each of the families, in addition to the mandated amount as per the norms," he added.


"We would like to extend our gratitude to everyone for their concerns and prayers in these distressing times," Poonawalla said.


Earlier in a tweet, his son and company's CEO, Adar Poonawalla said, "We have just received some distressing updates; upon further investigation, we have learnt that there has unfortunately been some loss of life at the incident. We are deeply saddened and offer our deepest condolences to the family members of the departed."


Adar further said there would be no loss of Covishield production due to multiple production buildings that were kept in reserve to deal with such contingencies.


(Disclaimer: Additional background information has been added to this PTI copy for context) 


Edited by Anju Narayanan