Explosion incident at Solar Industries India Ltd

An explosion incident had occurred on September 04, 2025 at 12:33 am in Crystallization Building while performing crystallization process of an energetic material in Solar Industries India Ltd, Chakdoh, Nagpur (MH).

The safety mechanism systems got activated and people working in the area were evacuated as per the emergency procedure, before the explosion took place.

Due to the shock impact of explosion, one person has lost his life, and eight persons were injured in areas near by this building. The Company deeply mourns this loss of life and stands with the family of the deceased in this moment of grief.

We have also intimated the departments concerned and the statutory authorities. The incident is being investigated for all the root and contributory causes and corrective and preventative actions to be implemented.

As far as financial impact is concerned, the loss is limited to this building only and there is an adequate insurance coverage for the same.

Shares of Solar Industries India Limited was last trading in BSE at Rs. 14058.75 as compared to the previous close of Rs. 14294.20. The total number of shares traded during the day was 6690 in over 2329 trades.

The stock hit an intraday high of Rs. 14373.35 and intraday low of 13821.55. The net turnover during the day was Rs. 93763237.00.

Source : Equity Bulls

Keywords

SolarIndustriesIndia INE343H01029 ExplosionIncident Chakdoh Nagpur