PG ELECTROPLAST LTD. - Intimation Regarding Fire Incident At PG Technoplast Private Limited

This is to inform that fire broke out on January 20, 2022 at around 06.30 P.M. during installation process of Room AC Indoor Unit (IDU) Assembly Line at PG Technoplast Private Limited (Wholly Owned Subsidiary) Unit-II plant under construction at A-18, MIDC Supa, Taluka-Parner, Dist. Ahmednagar, Maharashtra-414301. The fire was extinguished with help of fire department and was prevented from spreading to other areas of the plant. We are currently assessing the quantum of damages to the plant and property. There is no loss or injury to human life. No major damage caused to the manufacturing facility therein and this incident is expected to delay in commissioning of the new facility by a week to 10 days. As per our preliminary assessment, this unfortunate incident does not have any material bearing on the overall operations/performance of PG Technoplast Private Limited. However, we are in the process of appraising the actual impact. This is for your information and record please.