Background and Event Chronology
- The company previously intimated temporary suspension of operations on August 03, 2026 and August 14, 2026
- The suspension was due to flooding and water logging at the factory premises caused by heavy rains
- The plant is located at Dhrangadhra - 363 310, Surendra Nagar District, Gujarat
Current Status Update
Restoration activities at the plant have been successfully completed. The plant is now fully functional and production activities have been restored to their full operational capacity.
Financial Impact Assessment
Physical Damage Costs
The estimated amount of damage caused due to flooding and water logging at the factory premises is approximately ₹10 crore.
Production and Profitability Impact
The financial loss on production and profitability is estimated approximately to ₹9.1 crore.
Restoration Measures Implemented
The company implemented several steps to restore normalcy:
- Safety assessment prioritizing plant and employee safety
- Initiating immediate repairs/modification to infrastructure and equipment to resume continuous processing
- Temporary arrangement of pumps to drain the waterlogged area
- Implementing measures to protect the inventory of raw material & finished goods
- Working with suppliers to secure and replace critical raw materials