StockWatch
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Other Electrical Equipment
Business Update7 Feb 2026, 09:32 pm

Fire Incident at Modison Ltd Factory in Vapi, Gujarat: Temporary Disruption in Operations

AI Summary

Modison Ltd has reported a fire incident at its factory premises located at 854, Phase-1, GIDC, Vapi - 396195, Gujarat. The incident occurred in the early hours of Saturday, February 7, 2026, and has resulted in a temporary disruption in the operations of the affected plant. There have been no reports of loss of life or injuries. The full extent of the damage and its potential impact on production is currently being assessed. The assets at the affected plant are adequately insured, and the company is in the process of filing insurance claims to cover the damage and losses. Modison Ltd is taking all necessary steps to restore normal operations at the earliest and will keep the Exchange informed on any material developments.

Key Highlights

  • Fire incident at Modison Ltd factory in Vapi, Gujarat
  • Temporary disruption in operations of the affected plant
  • No reports of loss of life or injuries
  • Assessing the full extent of damage and potential impact on production
  • Adequately insured assets and filing of insurance claims