UPL Jhagadia Fire Accident Updates

Feb 25,2021 9:00 pm

We would like to inform that there will be no material impact on revenues of the Company due to the fire incident that took place on 23rd February 2021 in one of the plants at Jhagadia site, which was shut for its planned annual boiler inspection. There are alternate sources available for the products that were manufactured in the said plant. The Company is also currently working on requisite steps to resume operations at other plants located at the same site.

As regards the damage, the Company has been able to get access to the entire site yesterday and is in the process of ascertaining the extent of damage. We would like to further state that the Company has adequate insurance in place to cover the damages at the plant.

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Feb 23,2021 8:14 pm

Today at approximately 1:35 am there was a fire which was followed by explosion at one of our plants which was shut since 5th February 2021 for its planned annual boiler inspection.

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Feb 23,2021 8:39 am

Unfortunately a serious fire broke out in a plant in shutdown condition in the early hours of this morning at our Jagadia unit in Gujarat. Our emergency response team and local fire brigade have already brought the fire under control.

Feb 23,2021 8:38 am

21 people received treatment at the local hospital and 13 are already discharged with minor treatment. There is no fatality reported. We thank the local administration, neighbouring industries and fire brigade for their timely support.