Announced Mon, 4 May · 18:51 IST

Intimation regarding a fire incident occurred in one of our plants at 24 A & B, New Sector, Industrial Area,

Plant Fire AccidentPlant Regulatory ShutdownCapex & Operations View source PDF

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+2.8%1-day move
₹51.65
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AI summary

A fire incident occurred on May 3rd, 2026 at Standard Surfactants' Spray Drier Plant (SPD) located in Mandideep, Madhya Pradesh. The fire was controlled with no casualties or injuries reported. The affected operations will be temporarily shut for 2-3 months while the SPD plant is re-installed. The company's other manufacturing operations remain unaffected. The damage is still being assessed, and the asset is stated to be adequately insured with the insurance company already notified.

Likely market impact

Temporary production disruption expected for 2-3 months from the affected plant, but other operations continue normally. Financial impact is partially mitigated as the asset is insured, though full claim assessment is pending.