Minor Fire Incident Reported at Sri Nachammai Cotton Mills' Chettinad Facility
Sri Nachammai Cotton Mills Ltd. reported a minor fire incident that occurred at its Chettinad mill facility in Karaikudi, Tamil Nadu.The incident took place on May 20, 2026, around 05.05 A.M. The company confirmed that the situation was immediately controlled after the fire broke out at its operational mill premises in Chettinad.
According to the company, the fire resulted in no injury and no major damage. Management reported that operations are continuing as normal, and the incident is not expected to have a substantial impact on the overall business operations of Sri Nachammai Cotton Mills Ltd.
Following the incident, the company reported the matter to its insurance provider. Loss claims will be processed after a detailed assessment of the damages.
Stock Price Movement
As of 11:31, shares of Sri Nachammai Cotton Mills Ltd. are ticking up, trading at ₹33.50, reflecting a 3.14% move for the day. The stock has traded throughout the morning within a notable intraday range, dipping to ₹33.50 before hitting a high of ₹34.89.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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