Jyothy Labs receives ₹6.63 Cr insurance claim for Patiala warehouse fire

Jyothy Labs Limited has announced the settlement of its insurance claim related to a fire incident at its C&FA-operated warehouse in Patiala, Punjab. The company claimed ₹7.33 Crores and has received ₹6.63 Crores from ICICI Lombard General Insurance Co. Limited. Following the fire, Jyothy Labs took immediate steps to clear the affected area and arrange for alternate warehousing facilities, ensuring business continuity with no material disruption. The company stated that, apart from the insurance settlement, there is no other material financial impact.