Borosil shares fall 4% after LPG shortage due to West Asia war hurts operations
Published on 12/03/2026 09:26 AM
Borosil shares fall 4% after LPG shortage due to West Asia war hurts operationsProduction at the borosilicate glass furnace has been temporarily suspended. Meanwhile, the opal glass furnaces are currently operating at reduced capacities.By Meghna Sen March 12, 2026, 9:26:43 AM IST (Updated)1 Min ReadShares of Borosil Ltd. were trading over 4% lower on Thursday, March 12, after the company informed exchanges that it had received a communication from oil marketing companies (OMCs) about a restriction in LPG supply. The disruption is due to a force majeure situation arising from the ongoing conflict in the Middle East and its impact on global fuel supply.
The company said the development has affected production at its borosilicate glass furnace for pressware products and its opal glass furnaces, all located in Jaipur, Rajasthan.
Production at the borosilicate glass furnace has been temporarily suspended. Meanwhile, the opal glass furnaces are currently operating at reduced capacities.
The company said it is actively coordinating with OMCs and government authorities to secure LPG supply, which is critical for its manufacturing operations, and ensure production continues to the extent possible.
"We are evaluating the impact arising from the ongoing disruption in the supply of LPG. The company is actively monitoring the situation and will continue to update the stock exchanges with any material developments in this regard," it said.
Shares of Borosil Ltd ended Wednesday's session 1.09% higher at ₹256. The stock has declined 8% so far in 2026.Continue ReadingFirst Published: Mar 12, 2026 7:25 AM ISTTagsBorosil Renewablesshare market today