Surya Roshni Limited — Others, 15-03-2025: Action(s) taken or orders passed

Surya Roshni Limited has received a customs order demanding payment of ₹4.33 crore in duties, along with an equal amount in interest and penalties, related to allegations of misuse of DEPB scrips from FY 2010-2011. The company assesses that this demand is unlikely to affect its financial standing significantly and is considering appealing the decision, believing it to be unsustainable. This situation may spark cautious sentiment among investors, but the company's confidence in contesting the order could also present a potential opportunity if resolved favorably.