Winsome Textile Industries Assesses Fire Incident Loss at Rs 4.55 Crores

2 min read     Updated on 14 Feb 2026, 02:55 PM
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Reviewed by
Radhika SScanX News Team
Overview

Winsome Textile Industries experienced a fire incident at its Baddi manufacturing facility in Himachal Pradesh, which was successfully controlled without any human casualties. The company has completed its damage assessment, determining the total loss at approximately Rs 4.55 crores, and is now proceeding with filing insurance claims to recover the assessed losses.

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Winsome Textile Industries Ltd has reported a fire incident at its manufacturing facility in Himachal Pradesh and subsequently disclosed the assessed loss of approximately Rs 4.55 crores. The company informed stock exchanges under SEBI Regulation 30, providing both initial incident details and updated loss assessment.

Incident Details

The fire incident took place at approximately 10:00 AM at the company's manufacturing unit situated at Plot No. 1, Industrial Area Baddi, District Solan, Himachal Pradesh. The following key details have been disclosed:

Parameter: Details
Location: Plot No. 1, Industrial Area Baddi, District Solan, HP - 173205
Time of Incident: Approximately 10:00 AM
Affected Area: Raw material mixing area
Current Status: Fire brought under control
Casualties: No human injuries or loss of life reported
Assessed Loss: Approximately Rs 4.55 crores

Loss Assessment and Insurance Claim

Following the initial disclosure, Winsome Textile Industries completed its assessment of the fire damage. The company has determined that the total assessed loss amounts to approximately Rs 4.55 crores. In response to this significant financial impact, the company is proceeding with filing an insurance claim to recover the assessed losses.

Financial Impact: Details
Total Assessed Loss: Rs 4.55 crores (approximately)
Insurance Status: Claim being filed with insurance company
Assessment Date: Completed as of latest disclosure

Company Response and Safety Measures

Winsome Textile Industries confirmed that immediate action was taken to control the fire situation. The company's prompt response helped bring the fire under control, preventing any casualties. The incident primarily affected the raw material mixing area of the manufacturing facility, though the assessment has now quantified the operational and material impact.

Regulatory Compliance and Communication

The company has maintained transparency with stakeholders through timely disclosures to stock exchanges. The initial incident report was followed by the updated loss assessment, demonstrating compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. Company Secretary and Compliance Officer Videshwar Sharma signed the updated disclosure, ensuring proper regulatory communication.

The disclosure process included communication to BSE Limited, with the company requesting the exchange to take the loss assessment information on record. This systematic approach to disclosure reflects the company's commitment to maintaining transparency with investors and regulatory authorities during the incident management process.

Historical Stock Returns for Winsome Textile Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-0.71%-5.43%-13.09%-22.37%-19.29%+131.14%
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Winsome Textile Industries Clarifies Share Price Movement as Market Driven

1 min read     Updated on 06 Feb 2026, 04:27 PM
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Reviewed by
Shriram SScanX News Team
Overview

Winsome Textile Industries Ltd clarified to BSE that recent significant share price movement is purely market driven, with no pending price-sensitive announcements. The company confirmed full compliance with SEBI regulations and regular disclosure of all relevant information within prescribed timelines, with the clarification signed by Company Secretary Videshwar Sharma on February 6, 2026.

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*this image is generated using AI for illustrative purposes only.

Winsome Textile Industries Ltd has issued a regulatory clarification to BSE Limited addressing significant movement in its share price, confirming that the company remains fully compliant with all applicable regulations and attributing the price movement to market forces.

Regulatory Compliance Confirmation

The textile manufacturer confirmed its adherence to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company emphasized its consistent track record of providing timely disclosures of all events, information, and price-sensitive developments that could impact operational performance within prescribed timelines.

Share Price Movement Clarification

In response to BSE's inquiry dated February 5, 2026, the company provided the following clarification:

Parameter Company Response
Pending Announcements None that are price-sensitive
Regulatory Compliance Full compliance with SEBI regulations
Price Movement Cause Purely market driven
Information Disclosure Regular and timely as per regulations

Official Communication Details

The clarification was issued under reference number WTI/SECT/2026:0078 and digitally signed by Videshwar Sharma, Company Secretary and Compliance Officer (ACS-17201), on February 6, 2026. The communication was directed to BSE Limited's Corporate Relationship Department in response to their surveillance inquiry.

Market-Driven Movement

The company explicitly stated that there are no pending announcements, events, or price-sensitive information that might have contributed to the significant movement in share price behavior. This clarification aims to provide transparency to investors and regulatory authorities regarding the recent trading activity in the company's shares.

Historical Stock Returns for Winsome Textile Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-0.71%-5.43%-13.09%-22.37%-19.29%+131.14%
Winsome Textile Industries
View Company Insights
View All News
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1 Year Returns:-19.29%