Business Update17 Jul 2025, 11:40 am
Mangalam Organics Ltd. Suffers Major Fire Damage at Camphor Plant in Khopoli
AI Summary
On July 16, 2025, at 10:50 p.m., a fire incident occurred at the Camphor plant of Mangalam Organics Ltd., located in Kumbhivali Village, Sarvoli Kharpada Road, Khopoli-410203, Maharashtra. The fire resulted in significant damage to the plant and machinery, although there were no reported injuries to human life. The Camphor division has been shut down, and the company is working to assess the actual loss and refunction the plant as soon as possible. The insurance company has been informed, and claims for the loss/damage are being processed. The estimated loss is currently being assessed.
Key Highlights
- Fire incident at Mangalam Organics Ltd.'s Camphor plant in Khopoli, Maharashtra
- No reported injuries to human life
- Significant damage to plant and machinery
- Company taking steps to assess loss and restore plant operations
- Insurance claims being processed for the loss/damage