COSMO FIRST LIMITED — Others, 13-03-2025: Action(s) taken or orders passed

Cosmo First Limited has received an order demanding Rs. 1.31 Cr along with interest and a penalty from the Deputy Commissioner of Customs in Aurangabad, stemming from incorrect duty levies on raw materials cleared from SEZ units into the Domestic Tariff Area (DTA). The company plans to appeal this decision and indicates no significant financial impact on its operations. This development could spark mixed investor sentiment; while the immediate impact is deemed manageable, continued scrutiny over duty compliance may pose risks. Overall, a cautious yet stable outlook seems appropriate.