DCM Shriram Limited has informed the Exchange about Action(s) taken or orders passed
DCMSHRIRAM · price
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Awaiting price reaction for this filing.
The Joint Commissioner of Customs, Nhava Sheva has passed an order demanding Rs. 21.08 lakhs (plus interest) from DCM Shriram under the Customs Act, 1962. The demand relates to alleged misclassification of imported 'Boronated Calcium Nitrate' under the wrong HSN code. The company received the order on 15th July 2025. DCM Shriram states the order is factually incorrect and plans to take legal recourse. The company has clarified that there is no material financial or operational impact beyond the Rs. 21.08 lakhs amount.
Minimal impact on shareholders as the financial exposure is small (Rs. 21.08 lakhs) and the company plans to contest the order. The disclosure is procedural and unlikely to move the stock price meaningfully.