Aurobindo Pharma Shares Drop 3.5% Following Fire at Andhra Pradesh Facility

Aurobindo Pharma Limited shares declined by 3.5% on Tuesday, April 29, following the news of a fire outbreak at its penicillin-G plant in the Kakinada SEZ in Andhra Pradesh during the evening of April 27, 2025.

The blaze erupted at about 10:00 PM IST in the vicinity of the coal crusher plant of the facility. Although some ancillary equipment was destroyed, the core manufacturing infrastructure was intact, and there were no reported injuries. Aurobindo Pharma reported the incident in a regulatory filing on Monday.

The company noted that the cause of the blaze is likely the self-ignition of coal, and there are ongoing further investigations to finalize the cause. Though the occurrence will not cause substantial impacts to operations or earnings, the operation of the plant will be halted for a few days, that is, for around 20–25 days, to provide for equipment replacement.

Aurobindo also mentioned that the facility, run by its fully-owned step-down subsidiary Lyfius Pharma Private Limited, is fully insured. The company reasserted its intentions to restore operations quickly, without compromising on safety and quality.

Post the announcement, Aurobindo Pharma stock fell to an intraday low of ?1,203.4 on April 29. The stock fell by 13.55% during the last six months.