Zen Technologies Limited has reported a fire incident at the production center of its subsidiary, Unistring Tech Solutions Private Limited (UTS), in Hyderabad. The fire, which occurred on October 18, 2026, caused damage to two testing chambers and equipment, with an estimated preliminary loss of ₹4 crore. The damaged assets are insured, and the company is making alternative arrangements for affected operations, expecting minimal impact.
Fire Incident at Subsidiary Production Centre
Zen Technologies Limited has disclosed a fire incident that occurred at the production facility of its subsidiary, Unistring Tech Solutions Private Limited (UTS), located in Hyderabad, Telangana. The incident took place on Sunday, October 18, 2026, at approximately 4:00 PM IST.
Impact and Estimated Loss
As per the preliminary assessment, the fire resulted in damage to two testing chambers and the equipment under test. The preliminary estimated loss from this incident is approximately ₹4 crore, with the final loss to be ascertained after a detailed assessment. The company has confirmed that the damaged assets are covered by insurance, and the insurer has been duly informed. Zen Technologies Limited is pursuing the claim in accordance with the applicable policy terms.
Operational Continuity and Investigation
UTS is actively implementing alternative arrangements for testing and managing the affected material to ensure operational continuity. Based on the management’s current assessment, the incident is expected to have a minimal impact on UTS’s overall operations. The cause of the fire is currently under investigation.
Source: BSE
