Rescue personnel inspect the debris of the gutted pharmaceutical unit of Sigachi Industries, a day after an explosion in Sangareddy, Telangana state on Tuesday (July 1, 2025)
| Photo Credit: MOHD ARIF
Sigachi Industries said the horrific fire and explosion at its Hyderabad pharmaceutical manufacturing facility on Monday (June 30, 2025) — that left scores dead and many more injured — was an accident and not caused by a reactor explosion.
“As we await the results of the investigation, we would like to clarify that the accident was not caused by a reactor explosion at the plant as mentioned in sections of the media. We will continue to send updates as we receive information from the investigations,” the company said on Wednesday (July 2, 2025) in a statement, without elaborating on the cause of the incident.
40 dead
The “accident resulted in the loss of 40 valued team members and left over 33 injured. Our thoughts are with those affected by this tragic accident,” Company Secretary and Compliance Officer Vivek Kumar said.
“Since the time of the accident, we have been coordinating the emergency response, family support and extending cooperation with the investigation and compliance efforts. Sigachi Industries has committed to an ex-gratia compensation of ₹1 crore to the families of the deceased, while those injured will receive full medical and rehabilitation support,” the company said.
Operations at the plant will remain temporarily suspended for approximately 90 days, it said.
Published – July 02, 2025 01:26 pm IST
