Sangam India Denim Division Fire: ₹5 Cr Loss Estimated

Sangam India Ltd reported a fire incident at its Denim Division in Bhilwara, Rajasthan, on November 9, 2026. The fire was controlled promptly with no human casualties. The estimated loss is approximately ₹5 crores. The company has adequate insurance coverage with a sum insured of ₹583 crores for Industrial All Risk and an additional ₹145 crores for loss of profit. The incident is expected to have a minor impact on overall production and operations, and the company is taking measures to restore operations. The exact cause and final extent of damage are being assessed.