PPLPHARMABSEPIRAMAL PHARMA LIMITEDHighPositive
Announced Mon, 3 Aug · 17:29 IST

Piramal Pharma resumes operations at Ahmedabad plant after flood

Plant RestartedCapex & Operations View source PDFExplain this filing

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AI summary

Piramal Pharma's manufacturing facilities at Plot 18 and 19, PHARMEZ SEZ in Ahmedabad were temporarily shut on 24 July 2026 after exceptionally heavy rainfall and flooding in Gujarat. Operations have now resumed across substantially all areas, with limited restoration and recommissioning still ongoing in certain sections. The company has completed a preliminary assessment of asset and operational impact and has initiated the insurance claim process. It does not expect any material impact on operations or financial performance.

Likely market impact

Quick restart of the Ahmedabad plant with no material financial impact expected; insurance claims underway to recover flood-related losses.