NewsCorporate ActionsAartech Solonics Reports Fire Incident at Madhya Pradesh Manufacturing UnitAartech Solonics Reports Fire Incident at Madhya Pradesh Manufacturing Unit
A fire broke out at Aartech Solonics' manufacturing unit in Mandideep, Madhya Pradesh on October 16, 2025, at 8:30 P.M. The incident damaged inventories, plant machinery, buildings, and furniture. No casualties were reported, and the fire was controlled within four hours. The company has notified its insurance provider and is working to restore operations. The full extent of damage and loss is still being assessed, but the company assures that its assets are adequately insured. Production operations are temporarily shut down. Aartech Solonics has informed the National Stock Exchange of India Limited and BSE Limited about the incident in compliance with SEBI regulations.
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Aartech Solonics Limited , a company known for its engineering solutions, experienced a significant setback on October 16, 2025, when a fire broke out at its manufacturing unit in Mandideep, Madhya Pradesh. The incident, which occurred around 8:30 P.M., has temporarily disrupted operations at the facility.
Incident Details
The fire incident resulted in damage to various assets of the company, including:
- Inventories
- Plant machinery
- Buildings
- Furniture
Despite the severity of the fire, it was brought under control within approximately four hours, thanks to the combined efforts of the fire-fighting team and company employees. Importantly, no casualties or injuries were reported during the incident.
Company Response and Insurance
Aartech Solonics has taken prompt action in response to the incident:
- The company has notified the insurance company about the fire.
- An insurance survey is expected to be conducted to assess the extent of loss and damage.
- Steps are being taken to restore normal operations at the plant as quickly as possible.
The company has assured stakeholders that it has adequate insurance coverage in place for such incidents.
Impact Assessment
While the full extent of the damage is still being evaluated, the company has provided some initial information:
| Aspect | Status |
|---|---|
| Quantum of loss/damage | Full assessment underway |
| Insurance coverage | Assets adequately insured |
| Impact on production | Affected operations temporarily shut |
| Cause of fire | Yet to be ascertained |
Regulatory Compliance
In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Aartech Solonics has promptly informed the National Stock Exchange of India Limited and BSE Limited about the incident. The company has committed to providing further updates on any material developments related to this incident.
As the situation unfolds, stakeholders and investors will be closely watching how quickly Aartech Solonics can resume normal operations and the potential impact on its financial performance in the coming quarters.
Historical Stock Returns for Aartech Solonics
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.47% | -4.36% | -2.54% | -16.72% | -14.47% | +29.41% |
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