Reference to our intimation letter dated 13.03.2026. We are submitting the fresh intimation specifying The date of the fire incidence.
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A fire broke out on 12 March 2026 at the company's external open storage facility in Borgaon, Satara, damaging wastepaper stock (used as raw material) and some adjacent machineries. The fire reportedly originated from a neighbouring agricultural school and spread to the company's premises. No casualties or injuries were reported, and the fire was brought under control using in-house firefighting systems. The affected raw material stock and machineries are adequately insured, and an insurance survey is pending to assess the loss. The company expects the plant to resume operations within 15 days.
Short-term production disruption expected (around 15 days), but since the damage is insured and there are no casualties, the financial hit should be limited to deductible amounts and minor operational losses. Near-term stock sentiment may be slightly negative pending insurance assessment, but the quick containment and insurance cover reduce long-term risk.