Fire at External Warehouse Controlled; Aether Industries Confirms No Injuries, Operations Unaffected
Surat, March 11, Wednesday – Aether Industries Limited (NSE: AETHER | BSE: 543534) informed the exchanges that a fire broke out at one of its external warehouses in Sachin, Surat, on Wednesday afternoon. The company stated that the incident was brought under control within a few hours and has not affected its core operations.According to the company, the fire was reported at around 13:00 hrs at its external warehouse located at Plot Nos. 24/9 and partially 24/10, Hojiwala Industrial Estate, Sachin, Surat. The blaze was fully controlled by approximately 15:30 hrs.
The company clarified that the fire originated at the adjacent premises of another company, which subsequently spread and impacted the external warehouse used by Aether Industries.
Incident Details
| Particulars | Details |
|---|---|
| Location | External warehouse at Hojiwala Industrial Estate, Sachin, Surat |
| Time of Fire Report | Around 13:00 hrs |
| Fire Controlled | Around 15:30 hrs |
| Cause | Fire at adjacent company premises spread to Aether warehouse |
| Injuries / Casualties | None reported |
| Impact on Operations | No disruption |
Operational Status
Aether Industries stated that all R&D facilities, pilot plants, production units, and other operational sites continue to function normally.The company emphasized that there has been no disruption to production or operations, indicating that the incident was confined to the external storage facility and did not impact core manufacturing infrastructure.
Insurance and Damage Assessment
The company confirmed that adequate insurance coverage has been availed for the affected assets.An assessment of the extent of damage or financial loss is currently underway, and the company said further updates will be provided once the evaluation is completed.
Impact Overview
| Parameter | Status |
|---|---|
| Production Impact | None |
| Operational Disruption | None |
| Insurance Coverage | Yes |
| Loss Assessment | Under evaluation |
About the Company
Aether Industries Limited is listed on the BSE (543534) and the National Stock Exchange of India (AETHER). The company operates manufacturing, research, and pilot plant facilities in Sachin, Surat, Gujarat, serving domestic and international markets through its integrated chemical production and development infrastructure.Source:
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