Fire Incident at Mangalam Organics Ltd's Camphor Plant

There was occurrence of fire Incident at one of the division of Camphor plant of the Company located at Kumbhivali Village, Savroli Kharpada Road, Khopoli - 410203, Dist.Raigad, Maharashtra, on July 16, 2025 at 10:50 p.m. The Camphor division has been shut down following the fire incident.

The fire was successfully contained but resulted in major damage to the plant and machinery. However, the Company is in the process of ascertaining the actual loss caused by the fire. Fortunately, there has been no loss or injury to human life.

The Company is taking all the adequate steps to ensure refunctioning of the plant at the earliest. Meanwhile, we have informed the insurance company as well about this fire incidence and in process to file the claims for the loss / damage caused because of the fire as the entire factory and goods therein are adequately insured. The estimated loss is currently being assessed and will be communicated in due course.

Shares of Mangalam Organics Limited was last trading in BSE at Rs. 543.80 as compared to the previous close of Rs. 550.50. The total number of shares traded during the day was 43 in over 3 trades.

The stock hit an intraday high of Rs. 556.00 and intraday low of 540.00. The net turnover during the day was Rs. 23396.00.

Source : Equity Bulls

Keywords

MangalamOrganics INE370D01013 CommodityChemicals FireIncident