NSEUpdates31 Jul 2026 · 31 Jul 2026, 07:15 pm
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Fine Organic Industries Limited · FINEORG
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Fine Organic Industries Limited has informed the Exchange regarding 'Update On Full And Final Settlement Insurance Claim'. The company's insurance claim in respect of the fire incident has been fully settled by Tata AIG General Insurance Company Limited for a total amount of INR 11,33,77,477/- towards property damage including inventory and loss of profit.
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Fine Organic Industries Limited has informed the Exchange regarding 'Update On Full And Final Settlement Insurance Claim'.
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FINEORG_31072026191401_Disclosure_under_Regulation_30.pdf
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Date: July 31, 2026
To To
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Plot No. C/1, "6" Block, Exchange Plaza
Dalal Street, Bandra Kurla Complex, Bandra (East)
Mumbai - 400 001 Mumbai - 400 051
Security Code: 541557 Symbol: FINEORG
Dear Sir/Madam,
Sub: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015- Update
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015 ("Listing Regulations"), and other applicable provisions, if any, and in continuation of our earlier
intimations dated January 18, 2024 and November 28, 2024, we wish to inform you that the Company's
insurance claim in respect of the fire incident that occurred at a plant adjoining the Company's
manufacturing facility situated at Plot No. W-124-A, Khervai, Badlapur (East), Maharashtra has been
fully settled by Tata AIG General Insurance Company Limited for a total amount of INR 11,33,77,477/-
(Rupees Eleven Crores Thirty-Three Lakhs Seventy-Seven Thousand Four Hundred and Seventy-Seven
Only) towards property damage including inventory and loss of profit. The aforesaid settlements have
been accepted as full and final.
The details as required under Regulation 30 read with Schedule III of the Listing Regulations and SEBI
master circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 updated on January 30, 2026, are
enclosed herewith as “Annexure A”.
You are requested to kindly take the same on your record.
Thanking you,
For Fine Organic Industries Limited
Pooja Lohor
Company Secretary and Compliance Officer
Membership No. A28397
Annexure-A
Sr. No. Disclosure Requirement Details
1 Insurance amount claimed and realized by Insurance claim in respect of the fire incident
the listed entity for the loss/damage that occurred at a plant adjoining the Company's
said manufacturing facility situated at Badlapur
2 The actual amount of damage caused due to
has been fully settled by Tata AIG General
the natural calamity or other force majeure
Insurance Company Limited for a total amount
events.
of INR 11,33,77,477/- (Rupees Eleven Crores
Thirty-Three Lakhs Seventy-Seven Thousand
Four Hundred and Seventy-Seven Only)
towards property damage including inventory
and loss of profit. The aforesaid settlements
against the claim have been accepted as full and
final.
3 Details of steps taken to restore normalcy and As informed earlier in the intimation dated
the impact of the natural calamity/other force January 18, 2024, the fire was successfully
contained within a minimal timeframe, but
majeure events on production or service,
operations of the said plant were temporarily
financials of the entity.
disrupted. Fortunately, there was no loss to
human life and the company initiated all
adequate steps to ensure refunctioning of the
plant.
Further, in the intimation dated November 28,
2024, the company resumed plant
manufacturing activities. There has been no
material/significant adverse impact due to the
said incident.