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Business Update26 Aug 2025, 01:11 pm

PBM Polytex's Petlad Unit Repairs to Complete in 7-10 Days, Covered by Comprehensive Insurance

AI Summary

PBM Polytex Ltd. has updated on the fire incident at their Petlad manufacturing unit, which occurred on 17th August 2025. The company has started repair and restoration work, estimating an additional 7 to 10 days for completion before production can resume. The company's operations are adequately insured with comprehensive insurance policies, including fire insurance and loss of profit coverage. PBM Polytex remains committed to restoring normal production operations as soon as possible.

Key Highlights

  • PBM Polytex's Petlad unit repair and restoration work is estimated to take 7-10 more days
  • The company's operations are adequately insured under comprehensive insurance policies
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