Winsome Textile Industries Assesses Fire Incident Loss at Rs 4.55 Crores
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.71% | -5.43% | -13.09% | -22.37% | -19.29% | +131.14% |

































