Salem: Fire engulfed the office of a stock broker in the city in the early hours of Thursday, destroying equipment and office furniture worth around Rs 5 lakh completely. No casualty is reported.
The office was functioning out of the first floor of its 38-year-old owner K Ramachandran’s house at Kailash Nagar in Fairlands area.
An investigation officer said, “He had locked the facility around 9pm and gone to his house downstairs. Around 12.30am, smoke started emanating from the office. Ramachandran woke up and alerted the fire and rescue services personnel at Shevapet”
It took almost an hour for the fire and rescue services personnel to bring the flames under control. “Computers, laptops and air conditioners were completely gutted in the incident. The loss is roughly pegged at Rs 5 lakh. The cause of fire is yet to be ascertained,” the officer said.
The Alagapuram police have registered a case and initiated an inquiry.