StockWatch
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Pharmaceuticals
Disruption28 Sept 2026, 01:32 pm

Parmax Pharma Plant Fire: Two Injured, Operations Impacted

AI Summary

Parmax Pharma Ltd reported a major fire incident at its plant in Rajkot, Gujarat, which occurred early on September 28, 2026. The fire was successfully controlled with the assistance of the Fire Department and plant employees. Two employees sustained injuries and have been hospitalized; no fatal casualties were reported. The extent of the damage is currently under assessment, but the losses are covered by insurance. The company has stated that it will keep the stock exchange informed of further material developments. The incident is expected to have an impact on production and operations, though specific details are still being evaluated.

Key Highlights

  • Major fire incident at Parmax Pharma's Rajkot plant.
  • Two employees injured and hospitalized; no fatalities.
  • Damage is covered by insurance; quantum of loss under assessment.
  • Production and operations are expected to be impacted.