Mukka Proteins Limited has informed the Exchange about Receipt of bond enforcement order from office of the commissioner of customs.
MUKKA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Mukka Proteins has received a Bond Enforcement Order (No. 26/2025-26) from the Office of the Commissioner of Customs, Mangaluru, dated December 29, 2025. The order relates to Advance Licences issued by DGFT under which the company had made duty-free imports. Customs alleges the company failed to submit evidence of meeting its export obligations and did not furnish the Export Obligation Discharge Certificate (EODC) on time. As a result, customs has enforced the bonds and ordered recovery of ₹7.67 crore in customs duty, plus applicable interest. The company is examining the order and evaluating legal remedies, including document submission. Apart from this amount, the company says there is no other impact on its financials or operations.
This is a negative development for shareholders — a potential cash outflow of around ₹7.67 crore plus interest could affect short-term earnings. However, the amount is not large enough to materially threaten the company's operations, and the company still has the option to contest or seek relief.