Unit-II cleared to restart after fire; affected shed still under repair

Plant Fire AccidentPlant Regulatory ShutdownPlant RestartedCapex & Operations View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

-0.8%Reaction day

₹337.60

prior close

₹341.00

announcement price

After-mkt

timing

Nifty Smallcap 250market+1.3%-2.1% vs market

Metals & Mining peers, median of 73sector · sector level+1.5%-2.3% vs sector

On the reaction day the stock moved 2.1 pts less than Nifty Smallcap 250 and 2.3 pts less than its Metals & Mining peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.5

10m

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15m

-1.1

30m

-1.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.8+1.3-2.1+1.5-2.3

Next day

+1.6+0.6+1.0+1.3+0.3

+2.9+1.0+1.9+1.7+1.2

+3.1+2.4+0.7+2.0+1.0

-4.2+2.6-6.8+2.1-6.3

-4.6+3.3-7.9+3.3-8.0

-8.8+3.5-12.2+4.0-12.8

15d

-14.6+2.8-17.3+0.9-15.5

-18.2+3.6-21.7+2.6-20.7

-15.4+0.0-15.5-0.5-15.0

-18.8-3.6-15.2-7.6-11.2

UpDownMarket · Nifty Smallcap 250Sector · Metals & Mining peers, median of 73Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Following a fire incident at Unit-II in Gummidipoondi on July 14, 2026, the Director of Industrial Safety and Health, Chennai, on July 27, 2026, permitted the company to resume manufacturing operations at the Unit-II facility, except for the shed directly damaged by the fire. The earlier Prohibition Order under the Factories Act has been lifted after a re-inspection confirmed safety deficiencies were rectified. Renovation of the fire-affected shed is ongoing and further updates will follow.

Likely market impact

Partial restart restores most production at Unit-II; full capacity awaits renovation and re-approval of the affected shed.