Key Event Details

  • Manufacturing operations at three facilities have been temporarily suspended effective 23rd July, 2026 due to flooding caused by incessant heavy rainfall and severe waterlogging
  • Affected facilities located at:
  • A2/3 and 4, Diamond, Somnath Road, Kachigam, Near SBI Bank, Daman – 396210
  • A3/4, Somnath Industrial Estate, Somnath, Daman, Dadra and Nagar Haveli and Daman and Diu, 396210
  • Survey No. 146, Pardi Karia Road, Pardi, District Valsad, Gujarat – 396121

Impact Assessment

  • Extent of damage to plant and machinery, inventory, and other assets is presently being assessed
  • Financial impact cannot be ascertained at this stage due to restricted access to certain areas of manufacturing facilities from waterlogging
  • Access to certain areas remains restricted due to ongoing waterlogging conditions

Risk Mitigation & Insurance

  • All assets at the manufacturing facilities are adequately covered under the Company's insurance policies
  • Company has initiated all necessary measures to safeguard its assets
  • Damage assessment and restoration efforts are underway

Forward Outlook

  • Further updates regarding operational impact will be communicated as and when material information becomes available
  • Company is working to restore operations at the earliest