SMVD Poly Pack Limited — Important, 06-01-2025: Disclosure of material issue
06-01-2025 | 03:47 pm
06-01-2025 | 03:47 pm
A fire accident has led to significant damage for SMVD Poly Pack Ltd., with losses estimated at approximately ₹46.27 crore. The company is currently processing the final settlement of the insurance claim for this incident. Efforts are underway to expedite the claim settlement, but the fire has impacted production and financials. Updates will continue as the company works toward restoring normalcy. Investors should monitor the situation closely, as timely resolution of the claim could influence recovery and operational stability moving forward.
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