MODISON LIMITED has informed the Exchange regarding 'Restoration of Operations at Vapi Plant'.
MODISONLTD · price
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Modison Limited has informed the stock exchanges that operations at its Vapi manufacturing plant in Gujarat have been fully restored after a fire incident that occurred on February 7, 2026. The repair, restoration, and safety assessment work has been completed successfully, and the plant is now functioning normally with production activities resumed. The company has also implemented additional safety measures to prevent future incidents and ensure uninterrupted operations going forward.
This is a positive development for shareholders as it removes the operational uncertainty caused by the fire incident. The resumption of full production should help the company recover any lost output, though the financial impact (revenue loss, insurance recovery, repair costs) has not been disclosed in this update.