Neogen Chemicals Limited — Important, 16-07-2025: General Updates

Neogen Chemicals received an additional Rs. 30 Cr as the second on-account insurance payment for its Dahej SEZ fire incident, bringing total claims received to Rs. 80 Cr. The company has accounted for a net loss of Rs. 13.56 Cr (standalone) from the Rs. 348.16 Cr estimated property damage, largely covered by insurance receivables. Production at the affected MPP3 plant remains suspended, with reconstruction expected to take 9-12 months. Neogen is mitigating impact by shifting critical production and leveraging Patancheru expansion. Revenue guidance remains unchanged.