Remsons Industries has resumed production at its manufacturing facilities in Daman on July 27, 2026, after floodwaters receded and essential utilities were restored. However, operations at its plant in Pardi, Gujarat, remain temporarily suspended as power supply has not yet been reinstated. This partial resumption follows the initial suspension of all affected sites on July 23, 2026, due to severe flooding caused by incessant rainfall.

The company confirmed that water levels have dropped at both Daman locations: A2/3 & 4, Diamond, Somnath Road, Kachigam, and A3/4, Somnath Industrial Estate. With power and other utilities back online, Remsons Industries initiated a gradual restart of production processes at these sites. In contrast, while water levels have also receded at the Gujarat facility located at Survey No. 146, Pardi Karia Road, Pardi, District Valsad, the absence of electricity prevents any operational activity. Management stated it is closely monitoring the situation and will provide further updates upon material developments regarding the Gujarat site's resumption.

Operational Status Update

The extent of damage to plant, machinery, and inventory is still being assessed, particularly in areas where access remains restricted due to residual waterlogging. Remsons Industries noted that financial impacts cannot be precisely quantified until a full assessment is completed. All assets at the affected facilities are covered under the company’s insurance policies, and necessary measures are underway to safeguard assets and restore full operations.

What the Numbers Show

The staggered resumption highlights infrastructure dependency risks for manufacturing units in flood-prone regions. While Daman’s rapid utility restoration allowed quick recovery, the Gujarat plant’s continued suspension underscores the critical role of external grid reliability in post-disaster business continuity. Investors should monitor subsequent disclosures for insurance claim progress and final damage assessments, which will determine the fiscal impact on upcoming quarterly results.

Amit Srivastava has resigned as Group Chief Executive Officer of Remsons Industries Limited effective June 18, 2026, to pursue new professional opportunities. The company disclosed this change in key managerial personnel to the stock exchanges on June 19, 2026, under Regulation 30 of the SEBI LODR Regulations. Srivastava will continue to discharge his duties during a notice period of 90 days from the date of his resignation letter, with his exit becoming effective upon completion of this period or a mutually agreed date.

The resignation was submitted via a letter dated June 18, 2026, addressed to the Board of Directors. In his communication, Srivastava confirmed he would serve the 90-day notice period as per his employment terms, unless relieved earlier by the company. He also agreed to resign from the office of director of the company or its group entities if requested and to assist with the transition and handover process.

The filing was made by Rohit Darji, Company Secretary & Compliance Officer of Remsons Industries Limited. The disclosure was submitted to BSE Limited and the National Stock Exchange of India Limited, providing details as required by Regulation 30 read with Schedule III of the SEBI LODR Regulations and the relevant SEBI Master Circular.