NEOGENBSENEOGEN CHEMICALS LIMITED· Chemicals & PetrochemicalsHighNegative
Announced Fri, 17 Jul, 2026 · 16:08 IST

Neogen gets Rs 15 Cr more in insurance payout for Dahej fire

Plant Fire AccidentCapex & Operations View source PDFExplain this filing

NEOGEN · price

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Price reactionminutes from the announcement price · days from the prior close
+0.5%Reaction day
₹2158.60
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Nifty Microcap 250market+0.6%-0.1% vs market
Specialty Chemicals peers, median of 93sector+0.4%+0.2% vs sector

On the reaction day the stock moved 0.1 pts less than Nifty Microcap 250 and 0.2 pts more than its Specialty Chemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Neogen Chemicals received a fourth on-account insurance payment of Rs 15 Crore for the March 2025 fire at its Dahej SEZ MPP3 plant, bringing total insurance received to Rs 155 Crore. Total loss recognised stands at Rs 348.16 Crore (standalone), with insurance claim receivable of Rs 334.60 Crore. MPP3 production remains suspended, with replacement plant commissioning targeted for H1 FY27. Critical production shifted to other sites.

Likely market impact

Positive: continued insurance inflows ease cash strain. However, MPP3 remains shut, with full recovery dependent on plant commissioning in H1 FY27.