Fujiyama Power Systems Limited has informed stock exchanges about a significant fire accident that occurred at its manufacturing facility located in the Bawal Industrial Area, Rewari district, Haryana, during the late hours of May 6, 2026.

The company disclosed the development through an official filing to both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

According to the filing, the fire was largely brought under control by the time the disclosure was made, and emergency response teams along with the local fire department were actively engaged in extinguishing the remaining flames and ensuring safety at the site.

The company also confirmed that there was no loss of human life or serious injury caused by the incident, offering relief to employees, investors, and stakeholders concerned about the accident.

Fire breaks out at Bawal manufacturing facility

The incident took place at Fujiyama Power Systems’ manufacturing facility situated in the industrial region of Bawal in Haryana, a key manufacturing hub that houses several industrial and engineering units.

In its stock exchange filing dated May 7, 2026, the company described the incident as a “significant fire accident.”

The fire reportedly occurred during the late hours of May 6. The company stated that the fire had been “largely brought under control” and firefighting operations were continuing to fully extinguish the blaze and prevent any additional damage.

The company’s internal teams worked jointly with local fire authorities to manage the situation.

No casualties reported

One of the most important aspects highlighted by Fujiyama Power Systems was the absence of casualties.

The company stated that:

• No employee or worker lost their life in the incident
• No serious injuries were reported
• All personnel present at the facility were evacuated safely

The safe evacuation significantly reduced the severity of the situation from a human safety perspective.

Industrial fires can often result in major human casualties, especially in manufacturing environments where electrical systems, chemicals, machinery, and combustible materials are present. Therefore, the successful evacuation of employees and workers was seen as a positive outcome amid the crisis.

Cause of fire under investigation

Fujiyama Power Systems informed exchanges that the exact cause of the fire is currently under investigation.

The company stated that it is fully cooperating with the concerned authorities involved in the inquiry process.

Investigations into industrial fire incidents generally examine several factors, including:

• Electrical faults
• Machinery malfunction
• Short circuits
• Chemical reactions
• Storage conditions
• Human error
• Safety compliance systems

At present, the company has not disclosed any preliminary findings regarding the possible source or trigger of the blaze.

Further updates are expected once the investigation progresses.

Company assessing extent of damage

The company said it is currently in the process of evaluating the overall extent of damage and financial loss caused due to the fire incident.

In the annexure attached with the filing, Fujiyama stated that the expected quantum of loss or damage is yet to be finalized.

The filing specifically mentioned:

“The Company is in the process of evaluating the extent of damage or loss caused due to the fire. The stock exchanges will be intimated after completion of final assessment on the same.”

This means the exact value of losses related to:

• Buildings
• Machinery
• Raw materials
• Finished goods
• Production lines
• Inventory
• Infrastructure

has not yet been determined.

The final damage assessment could take time depending on the scale of destruction and technical inspection requirements.

Assets covered under insurance

Fujiyama Power Systems confirmed that the affected assets are adequately insured.

The company stated that it has already informed the insurance authorities regarding the incident.

Insurance coverage is a crucial safeguard for manufacturing companies because industrial fire incidents can result in:

• Large financial losses
• Operational disruption
• Replacement costs
• Reconstruction expenses
• Inventory destruction

The existence of insurance protection may help the company mitigate the financial burden arising from the accident.

However, the actual compensation amount will depend on:

• Final loss assessment
• Insurance policy coverage
• Claim processing
• Surveyor reports
• Applicable deductions

Investors are likely to closely monitor future disclosures related to insurance claims and recovery.

Impact on operations yet to be determined

The company has not yet quantified the operational impact caused by the fire.

In the annexure submitted to the exchanges, Fujiyama stated:

“Yet to be ascertained”

with respect to the estimated impact on production and operations.

This suggests that management is still evaluating:

• Production losses
• Manufacturing downtime
• Supply chain disruption
• Delayed deliveries
• Operational capacity
• Restoration timelines

The extent of disruption will depend on how severely the production infrastructure has been affected.

If key machinery or manufacturing lines have suffered major damage, operations could take longer to normalize.

Steps being taken to minimize disruption

The company said necessary steps are being taken to minimize business disruption at the earliest.

This may involve:

• Assessing unaffected manufacturing sections
• Redirecting production
• Coordinating with suppliers
• Activating contingency plans
• Restoring damaged systems
• Conducting safety inspections

Companies facing industrial accidents typically prioritize restoring operations quickly to reduce the impact on customers and revenue generation.

Fujiyama’s ability to resume manufacturing activities efficiently will be important for maintaining supply commitments and market confidence.

Importance of the Bawal industrial region

The Bawal Industrial Area in Haryana is one of the major industrial zones in North India.

The region hosts manufacturing units from sectors such as:

• Electrical equipment
• Engineering
• Automotive components
• Consumer products
• Renewable energy
• Electronics

Its strategic location near Delhi-NCR and industrial connectivity has made it an important production hub.

Any disruption at a major facility in the area can impact supply chains, vendor networks, and local industrial activity.

About Fujiyama Power Systems

Fujiyama Power Systems Limited operates in the power and renewable energy segment.

The company is known for products related to:

• Solar power systems
• Batteries
• Inverters
• Energy storage products
• Power backup solutions

The company recently transitioned from being a private limited company to a listed public entity.

Its shares are listed on:

• NSE under the symbol UTLSOLAR
• BSE under the code 544613

The company’s manufacturing infrastructure plays a key role in supporting its product distribution and business operations.

Industrial fires and manufacturing risk

Industrial fire incidents remain a significant operational risk across manufacturing sectors.

Factories dealing with:

• Electrical equipment
• High-power machinery
• Chemicals
• Packaging materials
• Battery systems
• Electronic components

often face elevated fire risk if safety systems fail or unforeseen events occur.

Companies generally adopt multiple safety measures including:

• Fire hydrant systems
• Smoke detectors
• Emergency evacuation protocols
• Fire extinguishers
• Safety audits
• Staff training
• Electrical inspections

The effectiveness of such systems often determines the extent of damage during emergency situations.

Investor focus likely to remain on operational impact

Following the disclosure, investors and market participants are expected to monitor several key aspects closely.

Extent of financial loss

The final value of losses caused by the fire will be a major factor influencing market sentiment.

Insurance recovery

Investors will watch for updates regarding:

• Insurance claims
• Claim settlement timelines
• Recovery amount

Production recovery timeline

Operational restoration speed will be important for evaluating the business impact.

Future guidance from management

Any revision in:

• Revenue outlook
• Capacity utilization
• Production targets
• Earnings expectations

may influence investor perception.

Importance of Regulation 30 disclosure

The company made the disclosure under Regulation 30 of SEBI Listing Regulations, which requires listed companies to promptly disclose material events that may affect investors or operations.

Industrial accidents and fire incidents are considered material events because they may have implications for:

• Financial performance
• Business continuity
• Operational efficiency
• Insurance liabilities
• Shareholder value

The disclosure ensures transparency and keeps investors informed about significant developments affecting the company.

Emergency response praised

The quick response by the company and local fire authorities likely helped prevent a more severe situation.

Timely evacuation and fire control efforts are critical during industrial emergencies because delayed action can lead to:

• Human casualties
• Explosion risks
• Structural collapse
• Larger operational damage

The absence of fatalities reflects the importance of emergency preparedness and crisis management systems.

Broader implications for renewable energy manufacturing

The incident also highlights operational challenges faced by companies in the renewable energy and power equipment sector.

As India expands its renewable energy ecosystem, manufacturing infrastructure for:

• Solar systems
• Batteries
• Electrical components
• Energy storage products

is rapidly growing.

Such facilities often involve complex electrical and industrial systems that require robust safety management.

The industry increasingly faces pressure to maintain:

• High production efficiency
• Operational reliability
• Safety standards
• Environmental compliance

Market reaction may depend on future disclosures

At present, the market may remain cautious until the company provides more clarity on:

• Total damage
• Insurance coverage realization
• Operational recovery
• Financial implications

If the damage is limited and production resumes quickly, the long-term impact may remain manageable.

However, if the incident leads to prolonged manufacturing disruption, it could affect near-term business performance.

Company promises further updates

Fujiyama Power Systems stated that it will continue to inform stock exchanges about any material developments related to the incident.

Future updates may include:

• Final damage assessment
• Operational restoration status
• Insurance claim progress
• Investigation findings
• Estimated financial impact

Such disclosures will be important for investors, analysts, suppliers, and customers monitoring the situation.

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