Neogen Chemicals Limited — Important, 16-07-2025: Disruption of Operations

Neogen Chemicals reports a fire disrupted its Dahej SEZ MPP3 facility, suspending operations. Reconstruction is estimated to take 9-12 months. To minimize business impact, critical production shifted to other sites, aided by Patancheru expansion. The company received an additional Rs 30 Cr, totaling Rs 80 Cr in insurance claims for property loss. While a net loss of Rs 13.56 Cr (standalone) was recognized, the company reiterates no change to its revenue guidance, indicating confidence in managing the disruption.