JK Agri Genetics Loses ₹0.43 Cr Insurance Claim Suit

JK Agri Genetics Limited has disclosed the dismissal of its civil recovery suit for ₹0.43 crore against Bajaj Allianz General Insurance Company Ltd. The suit, filed in 2018, sought recovery of a claim for damaged cumin seeds in transit under a marine turnover policy taken in 2014. The court order, dated July 17, 2026, was received on August 31, 2026. The company, advised by legal counsel, intends to contest this order and believes it has a strong case for realizing the claim amount, excluding interest. The financial implications are currently not specified, but the company plans further legal action.