ABB India Limited has informed the Exchange about Action(s) initiated or orders passed
ABB · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.8 pts less than Nifty 100 and 0.1 pts more than its Heavy Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
ABB India has received an order from the Principal Commissioner of Customs, Bengaluru imposing a redemption fine of ₹3 crore (under Section 125) and a penalty of about ₹2.70 crore (under Section 114A) of the Customs Act, 1962, totalling roughly ₹5.70 crore. The order relates to alleged wrong availment of a customs duty benefit under Notification No. 57/2017-Customs. The order was passed and received on August 14, 2025, with the disclosure made to exchanges on August 18, 2025. The company plans to file an appeal and is confident of a favourable outcome at the appellate level, stating no material impact is expected on its financials or operations.
This is a one-time customs-related order of around ₹5.70 crore that the company deems immaterial and plans to contest in appeal. For shareholders, the immediate financial hit is limited given ABB India's large scale, but the outcome of the appeal remains a watchable event.