Key Quantitative Figures

  • Financial impact: The Company is currently ascertaining the actual loss arising from the incident. Quantum of loss/damage not yet quantified.

Dates of Action

  • Incident period: Last few days (preceding July 09, 2026) due to continuous and unprecedented torrential rainfall
  • Disclosure date: July 09, 2026

Locations Affected

  • Shop No. 201 to 205, First Floor, Bhatia Complex, Near Sosyo Circle, Bamroli Road, Bamroli, Surat, Gujarat – 394210, including basement warehouse at same premises
  • Poddar Arcade, Shop No. 242 to 243, Ground Floor, Khand Bazar, Varachha, Surat 395006

Cause of Disruption

Continuous and unprecedented torrential rainfall in the Surat region over the last few days caused widespread inundation and flooding across the city, resulting in entry of floodwaters into company premises.

Damage Assessment

  • Damage to company's furniture, fixtures, and stock
  • Actual loss is still being ascertained by the company

Insurance Coverage

  • The company has adequate insurance coverage for the loss/damage
  • Specific insurance amount not disclosed

Operational Impact Assessment

  • Temporary disruption of operations at the two Surat locations
  • Company does not anticipate any material impact on its operations or other activities arising from the incident

Company Representative

Chintikaben Hasmukhbhai Shah, Company Secretary and Compliance officer