PG Foils: Fire at Pipalia Kalan plant, estimated loss ₹4-5 Cr, insured

PG Foils Ltd reported a fire incident at its manufacturing plant in Pipalia Kalan, Rajasthan, on April 29, 2026, at approximately 12:35 A.M. The fire, which broke out in a roughing machine, was controlled within 1-2 hours. Fortunately, there were no injuries or loss of human life. The company estimates the loss caused by the fire to be between ₹4 crore to ₹5 crore. PG Foils confirmed that the damage is adequately covered by insurance. Partial operations at the plant are temporarily suspended, and the company is investigating the root cause while taking steps to restore normal operations as soon as possible.