BSEPG Foils LtdHighNegative
Announced Wed, 29 Apr · 11:54 IST

Announcement Under Regulation 30 (LODR) Regulations, 2015 - Intimation Regarding Fire Incident

Plant Fire AccidentPlant Regulatory ShutdownCapex & Operations View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-2.8%1-day move
₹215.00
prior close
₹217.05
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In-mkt
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AI summary

PG Foils Ltd reported a fire incident on April 29, 2026 at approximately 12:35 AM at its manufacturing plant in Pipalia Kalan, Pali, Rajasthan. The fire originated in a roughing machine and was brought under control within 1-2 hours with fire department assistance. No injuries or loss of human life occurred. The company estimates the loss at Rs. 4 crore to Rs. 5 crore. Partial plant operations have been temporarily suspended while investigations are ongoing. The company states it has adequate insurance coverage and is taking steps to resume normal operations at the earliest.

Likely market impact

The incident causes temporary disruption to plant operations, with estimated losses of Rs. 4-5 crore covered by insurance. No human casualties and adequate insurance coverage provide some comfort, but production suspension could impact near-term revenue until normal operations resume.