Bansal Wire Industries Limited (BSE: 544209, NSE: BANSAL WIRE) has announced the launch of a new product, expanding its specialty wire division and strengthening its position in the automotive components market.

New Product Launch

The company has introduced 'Induction Hardened And Tempered (IBT) Wire', specifically designed for automotive components. The product was officially launched on October 8, 2025, as per a regulatory filing with the stock exchanges.

Product Details

Here are the key details of the new product launch:

Applications and Significance

The IBT Wire is primarily used in the manufacturing of high-performance springs for automotive components, including suspension and valve springs. This launch signifies Bansal Wire Industries' commitment to catering to the evolving needs of the automotive sector.

Company's Strategic Move

By introducing this specialized product, Bansal Wire Industries is positioning itself to capture a larger share of the automotive components market. The move aligns with the growing demand for high-quality, precision-engineered components in the automotive industry.

Market Implications

While the immediate market reaction to this announcement remains to be seen, the expansion of Bansal Wire Industries' product portfolio could potentially impact its market position and financial performance in the coming quarters.

Investors and market watchers will likely keep a close eye on how this new product contributes to the company's revenue stream and overall growth strategy in the competitive wire manufacturing sector.

Note: Investors are advised to conduct their own research and consult financial experts before making investment decisions based on this news.

Bansal Wire Industries Limited reported a fire incident at its Dadri plant in Uttar Pradesh, causing temporary disruption to operations in one section of the facility. The incident occurred on October 02, 2025, at approximately 8:15 P.M. IST.

Incident Details

The fire broke out in the C Shed of the company's plant located near the 220 KVA Sub section in Dadri, Gautam Buddha Nagar, Uttar Pradesh. The company was informed about the incident at 08:27 A.M. IST the following day, by which time the fire was already under control.

Operational Impact

• C Shed: Operations temporarily disrupted
• A and B Sheds: Functioning smoothly without issues

The company assured that no injuries or casualties were reported as a result of the incident.

Assessment and Recovery

Bansal Wire Industries is currently conducting a detailed assessment of the damage and loss caused by the fire. The company stated that the incident is not likely to have a material impact on its profitability. Key points include:

• The damage is covered under insurance
• The incident has been reported to the insurance company
• Efforts are ongoing to restore the affected portion of the plant to regular functioning

Regulatory Compliance

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Bansal Wire Industries promptly disclosed the incident to the stock exchanges. The company has committed to providing further updates once the assessment of the loss is completed.

Company Response

Sumit Gupta, Company Secretary and Compliance Officer of Bansal Wire Industries Limited, signed off on the official communication to the stock exchanges, demonstrating the company's commitment to transparency and regulatory compliance.

Investors and stakeholders will be closely watching for further updates on the incident's impact and the company's recovery efforts in the coming days.