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Neogen Chemicals LimitedImportant, 27-06-2025: Disruption of Operations

27-06-2025 | 07:27 pm

A fire at Neogen Chemicals’ Dahej SEZ plant caused damage worth Rs 348.16 Cr to property, plant, and inventory, with an insurance claim receivable of Rs 334.60 Cr. Operations at the affected Multi-Purpose Plant (MPP3), warehouse, and tank farms are suspended, with reconstruction expected to take 9-12 months. Production of key specialty products has been shifted to other sites, supported by an ongoing expansion at the Patancheru plant, helping to contain revenue impact. The company maintains its existing revenue outlook.

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