Uno Minda gets customs anti-dumping duty order, plans to contest
UNOMINDA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Uno Minda received an order from the Additional Commissioner of Customs, Jawaharlal Nehru Custom House, Nhava-Sheva, demanding about Rs 48.81 lakh as anti-dumping duty and a similar amount as penalty on imported machinery. Interest under Section 28AA of the Customs Act, 1962 also applies. The order was received on June 17, 2026. The company plans to contest the order based on merits and says it does not foresee any material impact on its financial or operational activities.
Total exposure of about Rs 97.62 lakh plus interest is small. Company will contest the order and expects no material effect on operations or financials.