Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ajanta Soya has disclosed that the Office of the Principal Commissioner of Customs, Ahmedabad passed an order on 12 March 2026 in relation to certain imported goods and the use of scrips under the Merchandise Exports from India Scheme (MEIS). The customs authority imposed a redemption fine of Rs. 31 lakh under Section 125 of the Customs Act, 1962, and an additional penalty of Rs. 2.70 lakh under Section 112(a)(ii) of the Act, taking the total monetary impact to Rs. 33.70 lakh. The company is reviewing the order and intends to file an appeal before CESTAT, Ahmedabad within the statutory time limit. The company has stated there is no material impact on its financial, operational, or other activities.
The financial impact is limited at Rs. 33.70 lakh in total fines and penalties, which is small relative to typical corporate operations. However, the outcome of the appeal at CESTAT could affect the final amount, and any adverse ruling may set a precedent for similar MEIS-related matters. Near-term share price reaction is likely to be muted given the modest size of the penalty.