Business Update17 Oct 2025, 03:25 pm
Fire Incident at Filatex India's Dadra Plant Causes Estimated Loss of Rs. 4-5 Crores
AI Summary
A minor fire incident occurred at Filatex India's Dadra plant. The exact quantum of loss cannot be determined at this stage, but it is estimated to be around Rs. 4-5 crores. The company has confirmed that the loss is fully covered by insurance, including a Loss of Profit Insurance Policy for business interruption. This update is provided as per Schedule 3 Part A Para B Sub-clause 6.1 of Regulation 30 of SEBI (LODR) Regulations, 2015 and SEBI Circular dated November 11, 2024.
Key Highlights
- Minor fire incident at Filatex India's Dadra plant
- Expected loss estimated around Rs. 4-5 crores
- Loss fully covered by insurance
- Company holds Loss of Profit Insurance Policy for business interruption
- Update provided as per SEBI regulations and circular