Overview
- A fire broke out at Jindal Poly Films' Nashik plant on May 21, 2025, and remains uncontained as of May 23, despite extensive firefighting operations involving 30–40 brigades and specialized teams.
- The blaze has halted 90% of the plant's production, causing significant operational disruptions and an over 8% drop in the company's share price.
- Authorities evacuated the surrounding area due to the risk of a major explosion from an on-site LPG tank, which continues to pose a serious safety threat.
- The company is conducting damage assessments and has informed its insurer, noting that the plant has adequate coverage to address potential losses.
- Conflicting reports have emerged regarding injuries, with initial claims of no casualties disputed by subsequent accounts of two workers being hurt.