GAIL (India) Limited has informed the Exchange about Action(s) taken or orders passed
GAIL · price
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Awaiting price reaction for this filing.
GAIL has received an Order-in-Original from the Joint Commissioner of Customs, Nhava Sheva, Mumbai, on August 13, 2025, demanding differential custom duty along with interest on an import consignment for which concessional rate of duty was denied. The order imposes a penalty of Rs. 12.33 lakh and a fine of Rs. 9.50 lakh, totaling roughly Rs. 21.84 lakh. The matter pertains to a customs duty dispute on a specific import shipment. GAIL has disclosed this under SEBI LODR Regulation 30 as a regulatory action by a statutory authority.
The financial impact is negligible for a large PSU like GAIL — the combined penalty and fine of about Rs 22 lakh is immaterial relative to the company's size and unlikely to affect operations or stock price.