Mangalam Organics Limited has informed the Exchange regarding 'Intimation under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations") regarding Fire Incident occurred at one of the division of Camphor Plant located at Kumbhivali Village, Sarvoli Kharpada Road, Khopoli 410203 on July 16, 2025 at 10:50 p.m'.
MANORG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
A fire broke out at one division of Mangalam Organics' Camphor Plant located at Kumbhivali Village, Khopoli, Maharashtra, on July 16, 2025 at 10:50 p.m. The fire was successfully contained but caused major damage to plant and machinery, leading to a shutdown of the Camphor division. No human lives were lost or injuries reported. The company has informed its insurer and is in the process of filing claims, as the factory and goods are fully insured. The actual financial loss is still being assessed and will be communicated later, while the company is working to resume operations at the earliest.
Short-term operational disruption at the Camphor division and potential revenue impact, though insurance coverage should offset the financial loss. Near-term stock sentiment may be negative pending clarity on the extent of damage and loss.