Kay Power & Paper Ltd Reports Fire Incident on March 12, 2026 at Satara Facility
Kay Power & Paper Ltd formally disclosed a fire incident that occurred on March 12, 2026 at its external warehouse facility in Satara, Maharashtra. The fire affected the company's wastepaper storage facility and adjacent machinery, originating from an adjacent agricultural school premises. The company successfully controlled the fire with no human casualties, and operations are expected to resume within 15 days with adequate insurance coverage in place.

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Kay Power & Paper Ltd has informed BSE about a fire incident that occurred on March 12, 2026 at its external warehouse facility in Satara, Maharashtra, under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The formal disclosure was made on March 14, 2026, following an initial intimation on March 13, 2026.
Fire Incident Details
The fire affected the company's external open storage facility used for storing wastepaper, which serves as raw material in the manufacturing process. The incident occurred at the company's premises located at Gat No. 454/457, Village Borgaon, Satara – 415519.
| Parameter: | Details |
|---|---|
| Incident Date: | March 12, 2026 |
| Location: | Gat No. 454/457, Village Borgaon, Satara – 415519 |
| Affected Area: | External open storage facility and adjacent machinery |
| Material Affected: | Wastepaper used as raw material |
According to preliminary information, the fire originated from the adjacent premises of an agricultural school and subsequently spread to Kay Power & Paper's external open storage facility and nearby machinery. The exact cause of the fire is yet to be determined through proper investigation.
Response and Safety Measures
The company's internal team successfully brought the fire under control using in-house firefighting systems. Importantly, no human casualties or injuries were reported during the incident, ensuring the safety of all personnel.
Insurance Coverage and Assessment
| Parameter: | Details |
|---|---|
| Insurance Status: | Raw material stock and machinery adequately insured |
| Insurance Notification: | Company has intimated insurance company |
| Survey Process: | Insurance survey expected to be conducted in due course |
| Loss Assessment: | Currently assessing full extent of damage caused |
Operational Impact and Recovery
The company has provided specific details regarding the operational impact and recovery timeline as part of the formal disclosure requirements:
| Aspect: | Status |
|---|---|
| Expected Resumption: | Operations expected to resume within 15 days |
| Production Impact: | Currently being assessed |
| Damage Assessment: | Fire controlled within time, full damage extent under evaluation |
The disclosure was made by Sagar Mohite, Company Secretary & Compliance Officer, in compliance with regulatory requirements. The company has assured stakeholders that appropriate measures are being taken to assess the damage and restore normal operations as quickly as possible.
Historical Stock Returns for Kay Power & Paper
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +3.09% | +1.95% | -20.02% | -35.57% | -62.37% | +219.92% |






























