Syngene International has informed that the Company had intimated to the Stock Exchanges on December 13, 2016 with respect to the fire incident that occurred in the Company premises on December 12, 2016, wherein certain assets were damaged. The Company has since recorded a loss of Rs 105.70 crore and recognized a minimum insurance claim for the equivalent amount in its books as detailed in Note 35 of the Standalone Financial Statements of the Company for financial year 2019-20. The final insurance claim approved is at Rs 243.96 crore of which Rs 236.76 crore were received till May 31, 2024. The balance amount of Rs 7.2 crore has been disbursed to the Company on June 24, 2024 against the final claim settlement approved.
The above information is a part of company’s filings submitted to BSE.
| Company Name | CMP |
|---|---|
| Syngene Internation. | 471.50 |
| Indegene | 536.75 |
| CMS Info Systems | 297.20 |
| JITF Infralogistics | 310.00 |
| Sagility | 44.39 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: