Update on final settlement of Insurance claim wrt fire incident in August 2025
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PBM Polytex has received the final insurance claim settlement of Rs. 67.32 lakhs for the fire incident that occurred at its Petlad manufacturing unit on 17th August 2025. The plant was restored in September 2025, and the company had been providing periodic updates on the insurance claim process. This is the concluding update on the claim realization following prior intimations made in August and September 2025.
The final settlement of Rs. 67.32 lakhs provides closure on the fire incident, though the amount is relatively modest for a manufacturing unit. Shareholders should assess whether the full loss was adequately covered and monitor any future disclosures on production normalization at the Petlad unit.