StockWatch
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Industrial Products
Disruption9 Sept 2026, 09:00 pm

Aditya Infotech Subsidiary Plant Fire: ₹28 Cr Loss Estimated

AI Summary

Aditya Infotech Ltd reported a fire incident at its material subsidiary, AIL Dixon Technologies Private Limited's manufacturing plant in Andhra Pradesh on September 9, 2026. The fire, caused by a short circuit, occurred in the assembly manufacturing area. While immediate control measures were taken, the estimated loss, including raw materials and finished goods, is approximately ₹28 Crores. The company stated there were no casualties or injuries and no disruption to operations. The facility is adequately insured, and intimation has been made to the insurance company. The actual extent of loss will be assessed later.

Key Highlights

  • Fire incident at material subsidiary's manufacturing plant.
  • Estimated loss of ₹28 Crores in raw materials and finished goods.
  • No casualties or injuries reported; operations unaffected.
  • Adequate insurance coverage in place for the facility.
  • Incident caused by a short circuit in the electrical power board.