Fiem Industries Limited has informed the Exchange about strikes/lockouts/disturbances
FIEMIND · price
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Fiem Industries reported that production has resumed at its Unit-8 plant in Tapukara, Rajasthan, following a fire incident on August 23, 2025. The fire, which broke out in the afternoon, was brought under control by the evening due to prompt action by internal firefighting systems and external fire tenders. Damage was contained to the First Floor only, while the Ground Floor and Basement—which house all major plant & machinery, production lines, and assembly lines—were saved and have restarted operations. The company stated its assets are adequately covered by insurance, and the loss assessment and insurance claim process is currently underway.
Positive news for shareholders as the damage was largely contained and key production infrastructure remains operational. Insurance coverage mitigates financial loss, though the extent of First Floor damage and final claim amount are still being assessed.