Indian Toners & Developers Limited has submitted to BSE Limited letter reg. disclosure under reg. 30 of SEBI (LODR) Regulations, 2015, extension of imposition of anti-dumping duty for further ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Indian Toners & Developers Ltd manufactures black toner in powder form and had been facing tough competition from imports from China, Malaysia, and Taiwan. The Government of India had imposed anti-dumping duty on black toner in powder form on 10 August 2020 for a period of 5 years (Notification No. 22/2020-Customs (ADD)). That 5-year period was due to expire in August 2025. The company, along with other industrial partners, presented its case to the government, and the Government of India has now extended the anti-dumping duty for a further 5 years via order dated 6 May 2025, which was communicated to the company on 8 May 2025.
Positive for shareholders — extension of anti-dumping duty shields the company from cheaper imports for another 5 years, supporting pricing power and protecting domestic market share in the black toner segment.