Godfrey Phillips India has provided an update on the fire incident at a third-party tobacco processing plant and warehouse in Andhra Pradesh, which occurred on October 10, 2025. The company has filed an insurance claim of ₹344.49 Crore. The incident is not expected to materially impact the company’s financials or production as it occurred at a third-party location.
Insurance Claim Filed
Godfrey Phillips India has filed an insurance claim with its insurer for ₹344.49 Crore following the fire incident at a third-party tobacco processing plant and warehouse. This claim, filed on December 23, 2025, is against the loss incurred from the fire.
Impact Assessment
The actual damage resulting from the fire is projected to remain within the amount claimed from the insurance company. The fire, which occurred at a third-party processing plant, is not expected to impact the production capabilities at Godfrey Phillips India’s manufacturing facilities, nor is it anticipated to have any significant financial impact on the company.
Incident Context
The update follows an initial announcement on October 10, 2025, regarding a fire incident at a third-party tobacco processing plant and warehouse in Prakasam District, Andhra Pradesh. The facility is used by the company to process and store its tobacco leaf inventory.
Source: BSE
