Gateway Distriparks Limited — Others, 29-03-2025: Action(s) taken or orders passed

Gateway Distriparks Limited has received a demand order from the Customs Department, amounting to ₹69.02 Crore with an additional penalty of ₹13.00 Crore for the financial years 2015-16 to 2018-19. The company disputes this demand, asserting that the SEIS benefits claimed were valid under the Foreign Trade Policy 2015-20 and plans to appeal the decision. Currently, this order is not expected to impact the company’s financials or operations. Investors may view this as a potential risk, but the company’s firm stance suggests a positive outlook if the appeal is successful.