Havells India Limited has informed the Exchange about Action(s) taken or orders passed

HAVELLS · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

-3.8%1-day move

₹1282.90

prior close

₹1270.00

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-1.1-1.4-1.2-1.4-3.8+0.6-4.0-6.9-7.6-6.1+1.6-2.0-6.0-8.5

Up moveDown movePending

AI summary

Havells India has received an order dated 13 March 2026 from the Commissioner of Customs, ICD TKD - Import, New Delhi, covering the period from May 2020 to July 2023. The order raises a total demand of approximately Rs. 2.02 crore, comprising Rs. 1.01 crore in customs duty and an equal Rs. 1.01 crore as penalty. The demand relates to the classification of certain imported goods. The company has stated, in consultation with its tax advisor, that the demand is not sustainable in law and will be appealed against under the Customs Act. The company has clarified there is no material impact on its financials, operations, or other activities.

Likely market impact

The financial impact is minor and not material to the company, and management intends to contest the order. Shareholders are unlikely to see any meaningful effect on the stock price from this development.