Kabra Extrusiontechnik Suspends Operations at Daman Facility Amid Heavy Rainfall and Flooding
Kabra Extrusiontechnik Ltd has temporarily suspended operations at its manufacturing facility in Daman due to flooding caused by incessant heavy rainfall and severe waterlogging in the region. The decision was made as a precautionary measure, prioritizing the safety of employees.The suspension began on July 23, 2026, affecting the plant located at Kabra Industrial Estate, Kachigam, Daman. The company initiated the temporary halt to facilitate necessary dewatering, inspection, cleaning, and restoration activities at the affected manufacturing facility. Management stated that the company expects to progressively resume normal operations at the site at the earliest possible time.
In response to the incident, Kabra Extrusiontechnik confirmed that the assets at the Daman facility are adequately covered under existing insurance policies. The company has already initiated the required insurance claim process.
The management added that further updates regarding any material developments or financial implications will be communicated as they arise.
KABRAEXTRU Stock Price Movement
Today, shares of Kabra Extrusion Technik Limited rallied in post-market trading, closing up 4.11% to settle at ₹351.05 after gaining ₹14.00. The equity saw brisk activity during the session, with a total traded volume recording 75,154 shares.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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