Sarda Energy & Minerals Ltd has reported an industrial accident at its captive power plant facility in Siltara, Raipur, which occurred on December 20, 2025. The company informed both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) about the incident through regulatory filings.

Incident Details

The accident was caused by leakage in a steam pipeline at the company's power plant unit during evening hours. The incident resulted in serious consequences for the plant personnel present at the time.

Emergency Response and Control Measures

The company's emergency response system activated immediately following the incident. Sarda Energy & Minerals reported that the leakage was swiftly brought under control, demonstrating the effectiveness of their safety protocols. The emergency procedures worked as designed, helping to contain the situation and prevent further escalation.

The exact cause of the steam pipeline leakage remains under investigation. The company has not yet determined the specific factors that led to the pipeline failure, indicating that a thorough technical assessment is likely underway.

Regulatory Filing and Compliance Explanation

The company initially filed its notification on December 22, 2025, followed by an updated submission on December 23, 2025, explaining the circumstances behind the delayed filing. In its communication to stock exchanges, Sarda Energy & Minerals clarified that the delay in filing the intimation was due to several factors.

The company explained that the compliance officer experienced a delay in receiving information because the field team was busy attending to the emergency situation. Additionally, the intervening holiday on December 21, 2025, contributed to the delayed notification. The company emphasized that the delay in filing was unintentional and requested the exchanges to condone the same.

Regulatory Framework

The notifications were made under Regulation 30 of the Securities and Exchange Board of India (SEBI) listing regulations, which requires listed companies to disclose material events and information that could impact investor decisions. The company fulfilled its regulatory obligations by providing detailed information about the incident to both stock exchanges.

Sarda Energy & Minerals , through its wholly owned subsidiary Sarda Metals & Alloys Limited, has launched RHINO, a groundbreaking rock mineral wool insulation product, at the 23rd Green Building Congress in Mumbai. This innovative product marks a significant milestone in India's sustainable building materials industry, promising substantial energy savings and environmental benefits.

Key Features of RHINO

Sustainable Innovation

RHINO represents a leap forward in sustainable construction materials. By eliminating the use of fossil fuels in its manufacturing process, Sarda Group has positioned RHINO as India's greenest rock mineral wool insulation solution. This aligns with the growing global emphasis on reducing carbon footprints in the construction industry.

Energy Efficiency and Safety

The product's promise of 45-50% annual energy savings is a significant selling point for both residential and commercial applications. This level of efficiency can lead to substantial cost reductions for building owners and operators while contributing to overall energy conservation efforts.

RHINO's fire resistance capability, withstanding temperatures up to 1000 degrees Celsius, adds a crucial safety dimension to its profile. This feature is particularly valuable in high-rise buildings and industrial settings where fire safety is paramount.

Environmental Impact

With up to 65% lower CO2 emissions compared to conventional alternatives, RHINO addresses the pressing need for reducing the construction industry's environmental impact. Buildings are significant contributors to global CO2 emissions, and products like RHINO can play a vital role in mitigating this environmental challenge.

Market Implications

The launch of RHINO at the Green Building Congress, a premier event for sustainable construction in Asia, signals Sarda Group's commitment to leading the green building revolution in India. This move could potentially reshape the insulation market, encouraging other manufacturers to invest in more sustainable production methods.

For investors in Sarda Energy & Minerals, this product launch represents a strategic expansion into high-value, environmentally conscious building materials. It could open up new revenue streams and enhance the company's position in the sustainable construction sector.

Conclusion

The introduction of RHINO by Sarda Metals & Alloys Limited marks a significant step towards more sustainable and energy-efficient construction practices in India. As the building industry continues to seek ways to reduce its environmental footprint, products like RHINO are likely to see increasing demand. This launch not only positions Sarda Group at the forefront of green innovation but also contributes to the broader goal of creating more sustainable urban environments.