Fire Incident at Neogen Chemicals Limited's plant at Dahej SEZ

A major fire incidence took place affecting operations at Neogen Chemicals Limited's plant located at Dahej SEZ on March 5, 2025, at around 12:30 am IST. The cause of fire will be assessed in due course. Due to timely and proactive action by the supervisory staff, the fire was controlled from spreading to other plants in the vicinity and fortunately, there were no casualty and injury to life.

Dahej plant is one of the four plants of Neogen Chemicals Limited. This plant is engaged in the production of organic chemicals. There has been no impact on the plant of Neogen Ionics Limited situated in the vicinity.

Production / Operation of the said division is suspended temporarily until the survey by the Insurance Company is conducted. The Company has already intimated the Insurance Company about the incidence and requested them to depute the Surveyor. Insurance Survey is expected to be conducted in due course.

Shares of Neogen Chemicals Limited was last trading in BSE at Rs. 1716.90 as compared to the previous close of Rs. 1640.90. The total number of shares traded during the day was 1134 in over 293 trades.

The stock hit an intraday high of Rs. 1725.00 and intraday low of 1624.30. The net turnover during the day was Rs. 1921354.00.

Source : Equity Bulls

Keywords

NeogenChemicals INE136S01016 FireIncident Plant DahejSEZ