Gopal Snacks Secures ₹77.43 Crore Total Fire Claim Settlement
Gopal Snacks Limited received final insurance claim approval of ₹36.40 crore for its Rajkot unit fire incident. The total aggregate amount received towards the fire claim, including interim payments and scrap sales, stands at ₹77.43 crore.
The insurance claim settlement helps to mitigate the financial impact of the fire incident on the company's operations and profitability.
The company has received a substantial insurance claim settlement, which is a positive financial outcome following the fire incident.
Gopal Snacks Limited has provided an update regarding the fire incident at its production unit in Rajkot, Gujarat, which occurred on December 11, 2024. The company announced that it has received approval for a final insurance claim of ₹363.98 million (approximately ₹36.40 crore) as part of the reinstatement process.
This final settlement, combined with interim payments previously disclosed and income from scrap sales, brings the total aggregate amount received by the company towards the fire claim to ₹774.27 million (approximately ₹77.43 crore). The company has informed BSE Limited and the National Stock Exchange of India Limited about this development.
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