Fire incident at Spinning Division in Bhilwara; estimated loss around Rs 4 crore

Plant Fire AccidentCapex & Operations View source PDF Explain this filing

SANGAMIND · price

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Price reactionminutes from the announcement price · days from the prior close

+0.6%Reaction day

₹635.90

prior close

₹670.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.0%+0.6% vs market

Other Textile Products peers, median of 189sector+0.0%+0.6% vs sector

On the reaction day the stock moved 0.6 pts more than Nifty Microcap 250 and 0.6 pts more than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-4.2

10m

-5.6

15m

-5.1

30m

-5.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.6+0.0+0.6+0.0+0.6

Next day

+1.3+1.3-0.0+0.1+1.2

-2.0+1.1-3.1+0.4-2.5

-5.4-1.7-3.7-0.8-4.5

-5.2-1.4-3.7-1.2-4.0

-5.5-0.6-4.9-1.3-4.2

-4.4+0.3-4.7+0.6-5.0

15d

-8.3-6.1-2.2-5.4-3.0

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UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 189Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

A fire broke out at Sangam India's Spinning Division in Village Sareri, Bhilwara, Rajasthan on September 30, 2026 around 9:45 PM. No injuries. Estimated loss around Rs 4 crore affecting some plant, machinery, raw materials and a building. Fully covered under FIRE IAR policy with sum insured of Rs 1,528.30 crore and Rs 171 crore fire loss of profit cover. Claim process initiated. Minor impact on production expected. Cause being investigated.

Likely market impact

Estimated loss of around Rs 4 crore is fully insured, so direct financial hit is limited. Only minor production disruption. Watch for supply impact.