Pursuant our earlier intimation dated 18th August and 26th August regarding Fire incident at Petlad Manufacturing Unit on 17th August, Please find enclosed recent update on restoration ....
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PBM Polytex is providing an update on the fire incident that occurred at its Petlad manufacturing unit on 17th August 2025. Restoration and repair activities are now almost completed, finished well within the estimated timelines and in record time. The company attributes the swift recovery to the efforts of its management and operational teams, with all repairs carried out while following safety protocols. Testing of all electrical systems, plant, and machinery is expected to be completed within the next few days, after which normal production is anticipated to resume shortly.
This is a positive update for shareholders as the company has managed to restore operations faster than expected after the fire incident, which should limit the financial impact from lost production. A quick resumption of normal production should help the company recover lost output and revenue sooner than feared.