MMP Industries Limited — Important, 15-04-2025: Updates

An explosion and fire incident occurred at MMP Industries' Aluminium Powder division in Umred, Nagpur, resulting in estimated losses of up to ₹15-20 crore for inventory and plant machinery. Operations will resume once all statutory formalities and investigations are completed. This incident could temporarily affect production capacity and operational efficiency, warranting close monitoring of recovery efforts and financial impacts on the company moving forward.