Tue Jul 01 08:30:00 UTC 2025: Here’s a summary and a news article based on the provided text:
**Summary:**
A massive explosion at the Sigachi Industries Private Limited pharmaceutical unit near Hyderabad on Monday, June 30th, 2025, has resulted in a rising death toll, currently at 44, and many injuries. Rescue operations are ongoing as many were trapped in rubble. Telangana Chief Minister A. Revanth Reddy has visited the site, announced compensation for the victims’ families, and instructed officials to provide support. Forensic teams are working to identify the deceased, and the company has temporarily halted operations. Shares of Sigachi Industries plummeted following the incident. Condolences and support are pouring in from across the state and country, including from Kerala Chief Minister Pinarayi Vijayan and Prime Minister Narendra Modi.
**News Article:**
**Hyderabad Pharma Factory Blast Death Toll Climbs to 44; Rescue Efforts Continue**
**Hyderabad, July 1, 2025** – The death toll from a massive explosion at the Sigachi Industries Private Limited pharmaceutical unit in Pashamylaram, near Hyderabad, has risen to 44, officials confirmed this afternoon. The blast, which occurred Monday morning, has left dozens injured and triggered a large-scale rescue operation that continues into Tuesday.
The explosion caused a significant portion of the production unit, which housed the reactor, to collapse, trapping many workers inside. Rescue teams are still searching for 12 individuals reported missing.
Telangana Chief Minister A. Revanth Reddy visited the blast site today, along with Health Minister C. Damodar Raja Narsimha, Labour Minister Vivek Venkataswamy, IT and Industries Minister D. Sridhar Babu, Revenue Minister Ponguleti Srinivas Reddy, to assess the damage and oversee rescue efforts. He described the incident as an unprecedented tragedy for the state.
“This is a heartbreaking situation, and we are committed to providing all possible assistance to the victims and their families,” Chief Minister Reddy stated. He has announced a compensation package of ₹1 crore for the families of the deceased and ₹10 lakh for those injured. He also announced an immediate relief fund of ₹1 lakh for the deceased’s families and ₹50,000 for the injured.
Forensic teams from Osmania General Hospital are assisting with post-mortem examinations and DNA sample collection, as many of the victims were severely burned and difficult to identify. So far, only four of the deceased have been positively identified.
In the wake of the disaster, Sigachi Industries has temporarily suspended operations at the facility. The news of the explosion sent the company’s stock plummeting, with shares trading down 8.26% on the BSE at Rs.44.76 a piece.
Condolences and expressions of support have poured in from across the country. Kerala Chief Minister Pinarayi Vijayan expressed his grief, and Prime Minister Narendra Modi has announced an ex-gratia payment of ₹2 lakh from PMNRF to the next of kin of each deceased and ₹50,000 to the injured.
Authorities have confirmed that 143 individuals were present at the Sigachi Industries facility at the time of the explosion. The cause of the blast is still under investigation.