Jai Corp Ltd plastic processing unit operations stopped due to flooding in Vasona
Jai Corp Ltd announced that operations at one of its plastic processing units located in Vasona were halted on July 23, 2026. The stoppage occurred following flooding inside the factory area, which was caused by heavy rains in the surrounding Silvassa area of Dadra and Nagar Haveli and Daman and Diu.The company confirmed that it had taken appropriate measures to ensure the safety of its personnel and equipment during the incident. Jai Corp is currently assessing the extent of damages and any impact on operations. Management stated that the situation is expected to begin normalizing gradually in the coming days, contingent upon improvements in the weather conditions.
The affected facility is Survey No. 246, located on Khanvel Road in Vasona, Silvassa.
Operational Impact Assessment
Jai Corp provided details regarding the operational disruption and damage assessment at the Vasona unit. The company confirmed that it is adequately insured for related losses.Key findings from the impact assessment are presented below:
| Particulars | Status/Details |
|---|---|
| Expected quantum of loss/damage caused | The Company is in the process of ascertaining the extent of production loss/ property damage caused by disruptions. |
| Whether loss/damage covered by insurance or not including amount | The Company is adequately insured. |
| Estimated impact on the production/operations | The estimated impact has yet to be quantified, and the company is assessing the same. Operations are expected to gradually normalize over the next few days subject to weather improvement. |
| Factory/Unit details and cause of disruption | Survey No. 246, Khanvel Road, Vasona, Silvassa- 396 210 (DNHDD). The unit experienced flooding due to heavy rains in the area. |
Jai Corp stated that it will inform Stock Exchanges once the operation of the affected unit is resumed.
JAICORPLTD Stock Price Movement
Shares of Jai Corp Limited today slipped by 0.52% to settle at ₹101.57 in post-market trading. The stock traded within a session range of ₹100.38 and ₹102.78.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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