S H Kelkar and Company Limited announced that a fire incident occurred at Company's Vashivali facility, located in Maharashtra, India, on the evening of 23 April, 2024. Fortunately, there was no loss of human life, and the safety of all personnel was ensured. The fire has subsided and the company is currently assessing the extent of equipment and business loss resulting from this incident and will provide further updates to stakeholders as more information becomes available.

Company has taken adequate insurance cover against the loss/damage caused by such incidents and will file its claim in due process. The company is taking all necessary steps to address the situation and aim to resume normal operations at the plant as soon as possible.