Godfrey Phillips files INR 344.49 crore insurance claim after fire at third-party facility
Godfrey Phillips India Limited has filed an insurance claim of INR 344.49 crore with its insurer following a fire incident at a third-party tobacco processing plant and warehouse in District Prakasam, Andhra Pradesh, which occurred on October 10, 2025. The claim, dated December 23, 2025, is currently under assessment by the insurer, with settlement to be determined based on policy conditions.
The company anticipates that the actual damage incurred will be consistent with the amount claimed. As the fire occurred at a third-party facility, there has been no impact on Godfrey Phillips' own manufacturing operations. The incident is not expected to materially affect the company's financial performance.
Godfrey Phillips assures that any further material developments regarding the incident will be promptly disclosed. The update was provided in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
News Alerts
Get instant email alerts when Godfrey Phillips India publishes news
Free account required • Unsubscribe anytime