Fire incident at Ferro Plant Furnace-4 in Ballari, Karnataka
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A fire broke out at around 1:27 AM on October 8, 2026 at Furnace-4 of the Company's Ferro Plant at Chikantapur, Ballari, Karnataka. The fire was quickly brought under control by plant staff and security, with no injuries reported. The exact cause is under investigation. The company is assessing the extent of damage and impact on operations. Importantly, the damage is covered under insurance, and the incident has been reported to the insurer. Financial loss quantum will be determined after the root-cause investigation concludes. The plant management is taking precautionary steps to prevent recurrence.
Short-term operational disruption likely at Furnace-4; financial impact cushioned by insurance coverage. Watch for damage assessment update.