Sigachi Industries Limited has confirmed a devastating fire incident at its manufacturing facility in Pashamylaram, Telangana, resulting in the loss of 40 lives and leaving 33 individuals injured. The company expressed deep sorrow over the tragedy and extended condolences to the families of the deceased and injured.

In an official statement, the company said, “Our thoughts are with those affected by this tragic accident. We are coordinating emergency response efforts, providing support to families, and cooperating fully with ongoing investigations and compliance protocols.”

Sigachi Industries has announced an ex-gratia compensation of ₹1 crore to the families of each deceased employee. In addition, complete medical and rehabilitation support will be extended to all injured individuals.

The company also refuted media reports suggesting the accident was caused by a reactor explosion. It clarified that preliminary information indicates no reactor-related cause, and final details will be shared after the completion of the investigation.

Operations at the affected facility will remain suspended for approximately 90 days as the company focuses on safety reviews and recovery.

Authorities are currently conducting an investigation into the cause of the fire. Sigachi Industries has assured full cooperation with all regulatory and investigative bodies involved.

👉 Stay with us for further updates as more clarity emerges from the ongoing investigation.
📢 How can industries better prepare for such emergencies? Share your thoughts.
🙏 Let us honor the memory of those who lost their lives by demanding stronger safety practices across all workplaces.

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