VMS TMT544521Facility closure notice
Furnace breakdown leads to temporary suspension of operations at manufacturing facility
Technical malfunction in the furnace system on Friday, October 30, 2026 led to a breakdown of the 16 MW / 30 MT Induction Melting Furnace, with leakage of molten metal.
By ScoutQuest · · 2 min read
- Affected equipment
- 16 MW / 30 MT Induction Melting Furnace
- Incident date
- Friday, October 30, 2026
- Operational impact
- Operations at the Bavla, Gujarat manufacturing facility are temporarily suspended
What the company has reported
- A technical malfunction in the furnace system on Friday, October 30, 2026 led to a breakdown of the 16 MW / 30 MT Induction Melting Furnace, with leakage of molten metal.
- This resulted in temporary suspension of operations at the manufacturing facility at Bavla, Gujarat.
- No injury or loss of life has been reported.
Damage assessment so far
- The cause of the incident is under investigation.
- Based on a preliminary assessment, the leakage of molten metal has caused considerable damage to the copper coil and other critical components of the furnace.
- The associated transformer also appears to have sustained damage; the extent is yet to be ascertained.
- A detailed technical assessment is underway to evaluate the damage to the furnace and associated equipment, including the transformer, and to determine the repair and restoration required.
Insurance
- The company states the factory is adequately insured and the insurance company has been duly informed.
Restart timeline
- The company says it is taking steps to start repair and restoration at the earliest.
- Considering the preliminary assessment of damage, the restoration process may take some time, and the exact timeline for resumption of normal operations is presently not ascertainable.
- Further updates will be provided in due course.
On the disclosure itself
- The company acknowledged that this intimation was made beyond the timeline prescribed under Regulation 30, stating the delay occurred because management was occupied with emergency response, securing the premises and carrying out the initial assessment.
- It described this as the first incident of its kind in its operations and said the delay was unintentional, and requested the exchanges to take it on record and condone it.
What investors can watch
- The outcome of the technical assessment, which would indicate how much of the furnace and transformer needs repair or replacement.
- Any update on when the Bavla facility restarts operations.
- Any claim-related communication with the insurer.
Also from VMS TMT
Board meeting on 5 November 2026 to consider and approve Q2 and half year standalone unaudited results
2 Nov 2026
More numbers
- Induction Melting Furnace – power rating16 MW
- Induction Melting Furnace – capacity30 MT
Source: BSE · 2 Nov 2026
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