A fire incident occurred at Viaz Tyres Ltd's manufacturing plant in Gujarat, prompting the company to assess the full extent of damage and potential disruptions to production. The facility, located in Nandasan near Ahmedabad, produces butyl tubes for two-wheelers and vehicles with a capacity of 7 lakh units monthly. No casualty details reported yet.
Viaz Tyres Ltd, a key player in butyl tubes for bicycles, motorcycles, and industrial vehicles, disclosed a fire at its Gujarat plant. The company is actively evaluating the damage scope and operational fallout. The Nandasan facility handles core manufacturing, making swift assessment critical for supply chain continuity.
Key Highlights
Incident Location: Fire struck the production plant at Plot No. 492, Nandasan, Kadi, Mahesana district, Gujarat.
Damage Assessment: Management is quantifying structural and equipment losses to gauge production downtime.
Business Impact: Potential hit to monthly output of 7 lakh tubes for domestic and export markets.
Operations Focus: Emphasis on safety protocols and rapid recovery to minimize disruptions.
Investor Update: Full financial and timeline details to follow post-assessment.
Source: Viaz Tyres investor disclosures, company website, BSE filings