Capex / expansionMajor development· Adverse for the businessFiled on BSE ·

Neogen Chemicals updates on fire incident and insurance claim progress

Neogen Chemicals · Chemicals & Petrochemicals

Arthneeti Research DeskPublished 1 min read
₹15 CrCapex / expansion

Key highlights

  • Fire occurred at Multi-Purpose Plant (MPP3), warehouse, and tank farms at Dahej SEZ on March 5, 2025.
  • Fourth on-account insurance payment of ₹15 crore received on July 16, 2026; total claim received to date is ₹155 crore.
  • Recognized loss of ₹348.16 crore (₹362.90 crore consolidated); production suspended with replacement plant commissioning planned for H1 FY27.

Why it's rated major development: operational disruption is always high

Figures checked against the filing by a second AI read. About the business, not the share price.

Original filing

Announcement under Regulation 30 (LODR)-Strikes /Lockouts / Disturbances

Read the filing on BSE (PDF) →

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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.