Update on Insurance Claim

October 30, 2026 BSE Limited National Stock Exchange of India Limited Department of Corporate Services Listing Department, Exchange Plaza, Floor 25, Phiroze Jeejeebhoy Towers, Dalal Street, Bandra Kurla Complex, Bandra (East), Mumbai 400 001 Mumbai – 400 051 Scrip Code No: 542665 Company Symbol: NEOGEN Debt Segment: 977028 Sub: Update on Insurance Claims under Regulation 30 and Regulation 51 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”). Dear Sir/Madam, In terms of regulation 30 and regulation 51 read with Schedule III of Listing Regulations and with reference to our disclosures dated March 5, 2025, March 7, 2025, April 23, 2025, June 27, 2025, July 16, 2025, February 12, 2026, and July 17, 2026, regarding the fire incidence and further insurance claims, we would like to further inform that the Company has conveyed its acceptance to the Insurance Company for an additional claim amount of Rs. 152.00 crore to be released in due course of time, as part payment out of the entire claim receivable. The total on- account claim received/ receivable including acceptance of this claim and sale of salvage scrap till date is Rs. 316.49 crore. The further settlement shall be determined in various stages following the completion of the assessment for loss of property, plant and equipment including other assets at Dahej SEZ Plant, loss of profit due to business interruption and reinstatement value of assets. Further details as required under Regulation 30 of the Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, (“SEBI Circular”), is enclosed as Annexure A. The above information is also being uploaded on the Company’s website at https://neogenchem.com/announcements/ . Kindly take the above information on your records. Yours faithfully, For Neogen Chemicals Limited Unnati Kanani Company Secretary & Compliance Officer Mem. No: A35131 Place: Thane Encl.: A/a Registered Office: 1002, Dev Corpora, Cadbury Junction, E: sales@neogenchem.com T: +91 22 2549 7300 Eastern Express Highway, Thane (W) 400 601, India. W: www.neogenchem.com F: +91 22 2549 7399 CIN No. L24200MH1989PLC050919 Annexure A Details as per SEBI Circular 1 Insurance amount claimed and realized The Company has conveyed its acceptance to the Insurance by the listed entity for the loss/damage. Company for an additional claim amount of Rs. 152.00 crore to be released in due course of time, as part payment out of the entire claim receivable. The total on- account claim received/ receivable including acceptance of this claim and sale of salvage scrap till date is Rs. 316.49 crore, with the further settlement to be determined in various stages following the completion of the assessment. 2 The actual amount of damage caused The Company has recognised a loss of Rs 348.16 Crore due to the natural calamity or other (Rs. 362.90 Crore on consolidated basis) on account of damage force majeure events. to certain property, plant & equipment, inventory and estimated cost of incidental charges. The Company has recognised an insurance claim receivable of Rs 334.60 Crore (Rs. 348.82 Crore on consolidated basis) to the extent of recovery of loss after adjusting applicable deductibility considering its assessment of loss and admissibility of claims as per the policy, adequacy of coverage and nature of loss. The Company has not accounted for a claim for loss of profit due to business interruption and excess value of reinstatement of assets over written down value as per accounting conservatism. The aforementioned losses and corresponding insurance claim have been considered on a net basis as Rs 13.56 Crore (Rs. 14.08 Crore on consolidated basis), in FY 2024-25. Till date the company has received Rs. 9.49 Crore on sale of salvaged scrap and incurred further incidental charges of Rs. 1.41 Crore which is also claimed as per insurance policy. 3 Details of steps taken to restore In continuation to our intimation dated April 23, 2025, we normalcy and the impact of the natural submit that the Production/Operation of the Multi-Purpose calamity/other force majeure events on Plant (MPP3)- Facility, the warehouse and tank farms which production or service, financials of the were affected in fire is suspended temporarily. Construction of entity. the replacement plant is partly completed, and trial runs have started in the completed portion of the facility. In the interim, the Company has shifted production of critical select specialty products to other sites based on approval from customers. This, combined with the planned expansion in Patancheru Plant, will help minimize the impact on earnings going ahead to minimize business disruption. Registered Office: 1002, Dev Corpora, Cadbury Junction, E: sales@neogenchem.com T: +91 22 2549 7300 Eastern Express Highway, Thane (W) 400 601, India. W: www.neogenchem.com F: +91 22 2549 7399 CIN No. L24200MH1989PLC050919