Jumbo Bag Ltd — Important, 13-09-2025: Company Update

Jumbo Bag Ltd has resolved a long-pending insurance claim with New India Assurance Co. Ltd. through a Lok Adalat. The company will receive Rs. 1.5 crore as settlement against its initial claim of Rs. 8.97 crore. This settled amount was previously written off in the company's books and will now be recognized as income during the current financial year. This resolution is expected to have a positive impact on the company's financials, bringing closure to the matter.