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Syngene International informs about disbursements

25 Jun 2024 Evaluate

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.

Syngene Internation. Share Price

471.50 13.50 (2.95%)
11-May-2026 11:05 View Price Chart
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Company Name CMP
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