Remsons Industries temporarily suspended operations at its manufacturing facilities in Daman and Gujarat on July 23, 2026, due to severe flooding and waterlogging caused by incessant heavy rainfall. The disruption affects facilities located at Diamond, Somnath Road in Daman, and Survey No. 146, Pardi Karia Road in District Valsad, Gujarat. The company initiated the suspension as a precautionary measure to ensure safety amidst the prevailing conditions.

The extent of the damage to plant and machinery, inventory, and other assets is currently being assessed. Access to certain areas of the manufacturing facilities remains restricted due to waterlogging, making it difficult to ascertain the financial impact at this stage. Remsons Industries stated that further updates would be provided once material information becomes available.

The assets at the affected manufacturing facilities are adequately covered under the company's insurance policies. Remsons Industries has initiated all necessary measures to safeguard its assets, assess the damage, and restore operations at the earliest. The intimation was submitted under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Affected Facilities

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.