Announcement Under Regulation 30 (LODR) - Intimation regarding Fire Incident
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Awaiting price reaction for this filing.
A fire broke out at PG Foils' manufacturing plant in Pipalia Kalan, Pali district, Rajasthan on August 23, 2025, at around 12:15 AM in the LOT Gas Supply System area. The fire was controlled within 3-4 hours and no injuries or loss of human life were reported. The company estimates the loss from the incident at approximately Rs. 2.5 crore to Rs. 3 crore and says the damage is fully covered by insurance. Partial operations at the plant have been temporarily suspended while the company works to restore normal activity. The root cause of the fire is still being investigated.
The immediate financial loss of Rs. 2.5-3 crore is mitigated by adequate insurance coverage, but partial suspension of plant operations could affect production and revenue in the near term. Investors should watch for updates on when full operations resume and the final assessed loss.