FIEM Industries has submitted an insurance claim following a fire incident at its Unit-8. The estimated claim for the reinstatement value is Rs. 82.30 Crores. This update follows the initial intimation of the fire and subsequent reports on production resumption. The claim is currently under assessment by the insurer, with the outcome expected in due course.
Insurance Claim Submission
FIEM Industries has officially submitted an insurance claim pertaining to the fire incident that occurred at its Unit-8. The company has been actively working to address the aftermath of the fire and has taken necessary steps to mitigate its impact. The claim has been lodged with the insurance provider for assessment and processing.
Estimated Claim Value
The estimated value of the insurance claim for the fire incident is Rs. 82.30 Crores. This figure represents the estimated cost required for the reinstatement of the affected assets and operations. The claim has been prepared based on the reinstatement value basis, reflecting the cost of replacing or restoring the damaged properties to their pre-incident condition.
Current Status & Outlook
As of January 30, 2026, the insurance claim is currently under assessment by the insurer. The outcome of the claim is subject to the insurer’s evaluation and review process. FIEM Industries is cooperating with the insurer and providing all the necessary information and documentation to facilitate a smooth assessment. The final settlement and recovery of the claim amount will depend on the insurer’s decision and the applicable insurance policies.
Source: BSE
