BIS penalty order - INR 9 Lakh total paid, seized goods worth INR 2.52 Cr to be released
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The Chief Judicial Magistrate of Gautam Buddh Nagar imposed a total penalty of INR 9,00,000 (INR 3 Lakh each) on Fujiyama Power Systems, Chairman and JMD Mr. Pawan Kumar Garg, and CEO and JMD Mr. Yogesh Dua. This follows a BIS search and seizure at the company's Greater Noida facility in March 2026 for non-compliance with BIS Standard Mark under Section 28 of the BIS Act, 2016. The penalty has been paid on October 14, 2026. Seized products worth INR 2.52 Crores are expected to be released. The company says there is no material impact on financials or operations.
Minor penalty paid, no material financial or operational impact. Positive that seized inventory worth INR 2.52 Crores is expected to be released soon.