Business Update1 Oct 2026, 01:49 pm
Gopal Snacks Receives ₹36.39 Cr Final Insurance Payout for Fire Incident
AI Summary
Gopal Snacks Ltd has received approval for a full and final insurance claim of ₹363.98 million (₹36.39 Crore) related to a fire incident at its production unit in Rajkot, Gujarat, on December 11, 2024. This final payout, combined with interim payments and income from scrap sales, brings the total aggregate amount received towards the fire claim to ₹774.27 million (₹77.43 Crore). The company had previously provided updates on the incident and its impact.
Key Highlights
- Full and final insurance claim of ₹363.98 million approved.
- Total aggregate claim received is ₹774.27 million.
- Claim is for a fire incident at a Rajkot production unit.
- Payout includes interim payments and scrap sale income.
Price Impact
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