Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015:- Intimation Regarding Received the Order passed by Asstt. Registrar, Customs ....
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Ajanta Soya has received an order from the Asstt. Registrar, Customs Appeal Branch, New Delhi under Section 129-A(4) of the Customs Act, 1962, confirming customs duty liability of Rs. 1,05,18,265 (~Rs. 1.05 crore) plus interest under Section 28AA. The duty pertains to Crude Palm Oil that was either lost in a fire accident at the company's premises or found short in inventory. The order was received on November 17, 2025. The company has stated it will file an appeal before the High Court within the statutory time limit to seek withdrawal of the duty and interest demand. Management has clarified there is no material impact on the company's financial position, operations, or other activities.
The duty demand of about Rs. 1.05 crore is relatively small and the company is actively contesting it, so near-term risk to shareholders is limited. However, if the High Court appeal fails, the company will need to pay the duty plus interest, which could marginally dent earnings.