Telangana Factory, Sigachi Pharma Blast Live: Death toll climbs to 37, rescue ops continue, Sigachi Industries stock in focus
HYDERABAD, TELANGANA, 30/06/2025: Emergency services personnel at the site after an explosion in Sigachi Industries Pvt. Ltd. in the Pashamylaram industrial area in Sangareddy district on Monday on June 30, 2025, 12 dead, 13 workers rescued as reactor blast rips through pharmaceutical unit. Photo: NAGARA GOPAL / The Hindu
| Photo Credit:
NAGARA GOPAL
Sigachi Industries stocks today, Telangana Factory Blast, Sigachi Pharma Shares Live Updates: Sigachi Industries on Monday said production at its Hyderabad plant, which saw a fire incident leading to the death of several workers, would be paused for around 90 days to restore affected equipment and structures.
The death toll in the blast at Sigachi Industries Plant in Pashmylaram near here has gone up to 37, even as 25 are under treatment in different private hospitals.
Shares of Sigachi tumbled about 19 per cent from yesterday’s intraday high of ₹56.03 to a low of ₹45.38 on July 1, 2025.
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- 10:10 | July 1, 2025
Sigachi Industries factory blast live: Amit Shah condoles loss of lives in Telangana chemical factory blast – ANI
Union Home Minister Amit Shah had expressed sadness over the blast at a chemical factory in Telangana’s Sangareddy, which killed at least 12 people and injured many. He also stated that the NDRF team, along with the local administration, is continuing rescue operations.
“My heartfelt condolences to the families who have lost their loved ones. Praying for the swift recovery of those injured,” Shah added.
Earlier in the day, Director General of the Telangana State Disaster Response and Fire Services, Y Nagi Reddy, stated that rescue officials are currently unsure of the number of people trapped under the debris.
He added that, according to industrial experts, the blast occurred during the air handling and drying of Microcrystalline cellulose.
ANI
- 10:07 | July 1, 2025
Sigachi Industries factory blast live: PM Modi announces ex gratia of ₹2 lakhs for the next of kin of each deceased and ₹50,000 for the injured
Source: X/ @PMOIndia
- 10:05 | July 1, 2025
Sigachi Industries factory blast live: Telangana Governor Jishnu Dev Varma expresses grief over Sangareddy fire victims – ANI
Telangana Governor Jishnu Dev Varma has expressed grief over the tragic fire accident that occurred at the Pashamylaram industrial area in Sangareddy district that killed 12 people.
The Governor paid condolences to the families of those who lost their lives in the incident and wished a speedy recovery to the injured.
The Governor spoke to the Labour, Employment Training and Factories (LETF) Principal Secretary M.Dan Kishore, and directed him to extend all possible assistance and the best of medical help to the victims.
Earlier, President Droupadi Murmu on Monday expressed grief over the fire accident at the Sigachi Pharma chemical factory.
“Deeply saddened by the tragic fire accident at a factory in Sangareddy, Telangana, which claimed several lives. My heartfelt condolences to the bereaved families. I pray for the speedy recovery of those injured,” Murmu said in a post on X.
Prior to that, the Director General of the Telangana State Disaster Response and Fire Services, Y Nagi Reddy, stated that rescue officials are currently unsure of the number of people trapped under the debris following the blast at the Sigachi Pharma Company in Sangareddy.
Director General of the Telangana State Disaster Response and Fire Services, Y Nagi Reddy, stated that rescue officials are currently unsure of the number of people trapped under the debris following the blast at the Sigachi Pharma Company in Sangareddy.
He added that, according to industrial experts, the blast occurred during the air handling and drying of Microcrystalline cellulose.
“Today, at around 9.48 am, there was a blast in the drying unit at Sigachi Pharma Company. The explosion led to a fire. A total of 12 people have died and 35 are injured in the incident,” Nagi Reddy told reporters after visiting the accident site.
“As per industrial experts, the incident happened during the air handling/drying of Microcrystalline cellulose. We are currently unsure of the number of people under the debris,” he added.
Prime Minister Narendra Modi also expressed sorrow over the loss of lives in the explosion and announced an ex gratia of Rs 2 lakhs for the next of kin of each deceased and Rs 50,000 for the injured from the Prime Minister’s National Relief Fund.
ANI
- 10:03 | July 1, 2025
Sigachi Industries factory blast live: Scenes at site after an explosion
- 10:00 | July 1, 2025
Sigachi Industries factory blast live:
Reactor blast in Sigachi Industries.
Photo: Provided by The Hindu
- 09:57 | July 1, 2025
Sigachi Industries factory blast live: Company halts production for 3 months
Sigachi Industries on Monday said production at its Hyderabad plant, which saw a fire incident leading to the death of several workers, would be paused for around 90 days to restore affected equipment and structures. In addition to the human impact, the incident also caused damage to certain ancillary equipment and civil structures within the facility, it said in a regulatory filing.
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- 09:55 | July 1, 2025
Sigachi Industries factory blast live: Shares dive nearly 19% following the explosion
Shares of Sigachi tumbled about 19 per cent from yesterday’s intraday high of ₹56.03 to a low of ₹45.38 on July 1, 2025.
The stock today opened at ₹47.94 against the previous close of ₹48.76.
- 09:51 | July 1, 2025
Sigachi plant blast live: Death toll climbs to 37
The death toll in the blast at Sigachi Industries Plant in Pashmylaram near here has gone up to 37, even as 25 are under treatment in different private hospitals.
According to Sangareddy district officials, 37 workers, including a vice-president of the drug-maker, have lost their lives so far, even as 35 workers are under treatment in various private hospitals while 57 workers reached homes safely.
“The death toll could go up further as some workers are feared trapped under the debris. Rescue operations are in full-swing,” an official told Business Line on Tuesday.
Sigachi plant explosion: VP among 37 dead, 25 hospitalised, rescue on
Chemical reactor blast at Sigachi’s Hyderabad plant kills 37, injures 25; rescue efforts on as govt orders safety review. VP among those dead.
Published on July 1, 2025
