Gopal Snacks Limited has received a significant interim insurance payment of Rs.174.72 million related to the fire incident that occurred at its production facility in December 2024. The company informed stock exchanges about this development as part of its ongoing disclosure obligations under SEBI regulations.

Insurance Claim Progress

The snacks manufacturer disclosed key details about its insurance recovery process following the December 11, 2024 fire incident at its Rajkot facility:

The company emphasized that this payment forms part of the ongoing restatement process for fire-affected assets. Additional insurance claims are expected to be received as and when the complete restatement process gets finalized.

Fire Incident Background

The fire incident occurred on December 11, 2024, at one of the company's production units situated at Plot No. G2322-23-24, GIDC Metoda, Tal. Lodhika, Rajkot, Gujarat. The facility represents one of the company's key manufacturing locations for its snacks and namkeen products.

Financial Impact and Recovery

The insurance recovery process demonstrates the company's risk management approach and adequate insurance coverage for its production assets. With Rs.374.64 million already received in the current financial year against fire-affected assets, the company appears to be making steady progress in recovering losses from the incident.

Regulatory Compliance

Gopal Snacks made this disclosure pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has been providing regular updates to stock exchanges regarding developments related to the fire incident and subsequent insurance claim process.

The disclosure was signed by CS Mayur Gangani, Head — Legal & Compliance cum Company Secretary, maintaining the company's commitment to transparent communication with stakeholders regarding material developments.

Gopal Snacks Limited has announced a plant visit for investors and analysts at its Modasa facility in Gujarat, scheduled for March 12, 2026. The company notified both BSE and NSE about this corporate event in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Event Details

The plant visit is organized as a physical group interaction for institutional investors and brokers. The company has structured this as an opportunity for stakeholders to gain firsthand insights into its manufacturing operations at the Gujarat facility.

Participating Institutions

Seven institutional participants have been confirmed for the plant visit, representing a diverse mix of financial services firms and investment houses.

Regulatory Compliance

The company has emphasized its commitment to regulatory compliance by clearly stating that no unpublished price sensitive information will be shared during the meeting. This disclosure aligns with SEBI guidelines for investor interactions and maintains transparency standards.

Gopal Snacks Limited has also noted that the meeting schedule may be subject to change due to any exigencies on the part of analysts, investors, or the company itself. The notification was signed by CS Mayur Gangani, Head – Legal & Compliance cum Company Secretary, ensuring proper authorization and documentation of the corporate communication.