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MANORG · Mangalam Organics Limited · NSE · Filed 3 Jul · 1 min read

Mangalam Organics Submits Rs 12.58 Crore Insurance Claim After Camphor Plant Fire

After the surveyor finalised its loss assessment for the July 2025 fire at Camphor Plant I in Khopoli, the company has claimed Rs 12.58 crore from New India Assurance, none of it yet received.

What was filed

Mangalam Organics has updated the exchanges on the fire of July 16, 2025 at its Camphor Plant I at Kumbhivali Village, Khopoli. The appointed insurance surveyor has completed its assessment of the loss and submitted its final survey report to the insurer, The New India Assurance Company Limited. The company has, in turn, submitted an insurance claim corresponding to the assessed loss.

The update continues the company's original disclosure of July 17, 2025, and marks the point at which the damage has been formally assessed rather than estimated.

Where the claim stands

Per the filing, the loss is covered under the company's insurance policy, subject to its terms and conditions. The company said it is actively pursuing final settlement and disbursement with the insurer, and that no amount had been realised as of the date of the disclosure.

On operations, the company said it had taken the necessary steps to restore normal operations and that there was no further material update beyond disclosures already made.

Insurance claim submitted
Rs 12.58 Crore
Amount realised to date
Nil

The filing puts a figure on the financial exposure from the 2025 fire and confirms that recovery depends on insurer settlement, none of which has yet been received — a point holders may track alongside any residual uncovered loss.

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