Atul Limited — Important, 01-04-2025: General Updates
01-04-2025 · 04:36 pm
Atul has announced a board meeting to update on the full and final settlement of the insurance claim related to the fire incident at its site on April 20, 2022. The final claim amount has been revised to ₹56.37 crore, which has now been fully received in installments. The plant, previously impacted, has stabilized at a capacity of 2200 TPA. The company is also pursuing a separate claim for loss of profit. This update marks a significant recovery from the incident and may positively influence investor sentiment as operational stability is restored and financial health improves.
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