Sharon Bio- Medicine Limited announced regarding fire incident that took place at the company manufacturing facility on February 26, 2023, situated at Plot No L6, MIDC Area, Taloja, Panvel, Dist: Raigad, Maharashtra. Due to the fire incident, the operations of Line II was suspended and subsequently stopped. Now the company has completed all the required processes for re-commencement of commercial operations of Line II of manufacturing facility situated at Plot No L6, MIDC Area, Taloja, Panvel, Dist: Raigad, Maharashtra and the commercial operations resumed from March 21, 2024 onwards.