Key Details

Event Background

This disclosure is in continuation of the company's earlier intimation dated July 14, 2026, regarding a fire accident at the company's manufacturing facility. The company has received an Order dated July 14, 2026, issued by the Office of the Joint Director of Industrial Safety and Health-I, Chennai.

Regulatory Framework

The Order was issued under Section 40(2) of the Factories Act, 1948 (as amended) in respect of the Company's Unit-II situated at Plot Nos. R1, R2 & R3, SIPCOT Industrial Complex, Pappankuppam, Gummidipoondi, Tiruvallur – 601201.

Order Context

The Order was issued consequent to an inspection carried out by authorities following the furnace accident that occurred at Unit-II on July 14, 2026.

Order Requirements

The Order directs the company to undertake specified corrective and preventive measures, including:

  • Implementation of enhanced safety protocols
  • Repair and restoration of affected infrastructure
  • Obtaining requisite certifications prior to recommencement of operations at the facility

Company Response

The company is presently examining the contents of the Order and has initiated action plans for implementation of the prescribed remedial and preventive measures. The company is preparing an appropriate response to be submitted before the concerned authorities in accordance with applicable laws.

Operational Impact

Operations at Unit-II are presently undergoing a temporary pause pending completion of the prescribed safety enhancements and related compliance requirements. The potential operational and financial impact is presently not ascertainable.

Annexure Details

Authority: Office of the Joint Director of Industrial Safety and Health I, Chennai

Nature of Action: Issuance of an Order under Section 40(2) of the Factories Act, 1948

Date of Receipt: July 14, 2026

Alleged Violations: The Order cites certain observations pertaining to safety and operational practices identified during the inspection conducted subsequent to the furnace incident

Financial Impact: Not quantifiable at present

Company Commitment

The company remains committed to ensuring full regulatory compliance while safeguarding the interests of its stakeholders. The company places the highest importance on the safety, health and wellbeing of its employees, workmen and all stakeholders, and is extending all necessary support to the affected individuals and their families.