The shares of Gujarat Fluorochemicals dropped nearly 5 percent intraday on September 11 after the company announced that a gas leak at its plant in Gujarat's Ranjitnagar has caused one death and few injuries. The firm said it is working to restart operations at the plant.
In an exchange filing, Gujarat Fluorochemicals said a minor rupture at one of the bellows in the gas pipeline led to a temporary gas leak at the plant. "The situation was instantly brought under control through the plant’s safety mechanisms," the firm said, adding that sprinklers were activated, and the DSC control system safely halted plant operations. All personnel were immediately evacuated from the affected area, it added.
The workers who were potentially exposed to the gas leak were administered immediate first-aid at the site and few were shifted to nearby hospitals, the firm said. "We regret to report that one casualty and a few injuries have been recorded. While the post-mortem report is awaited, prima facie it appears to be during the rush of evacuation process. We deeply regret this incident and the loss of life. Our thoughts and condolences are with the bereaved family, and we are extending our full support during this difficult time," it added.
Gujarat Fluorochemicals is conducting a detailed investigation and continues to prioritize the highest standards of safety across all its operations, it said. The damage and losses incurred for disruption of production is covered under its insurance policy, the company in its exchange filing added.
"Workers who complained of nausea after the gas leak were immediately given the antidote at the on-site Occupational Health Centre and referred to the hospital. One person has died in the incident. The people living in nearby villages should not panic," DSP Hareshbhai Dudhat told ANI.
Gujarat Fluorochemicals shares recovered some losses to close 3 percent lower at Rs 3,620.90 apiece. The shares have gained nearly 7 percent in the past five days, but have fallen more than 14 percent in 2025 so far.
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