Genus Power Infrastructures Limited — Others, 06-06-2025: Action(s) initiated or orders passed

Genus Power Infrastructures Limited has disclosed a Customs Department order demanding Rs. 1.06 Cr as differential customs duty, along with interest and penalty totaling over Rs. 2.6 Cr, for allegedly incorrect customs duty exemption claims. The company may reduce the penalty by 75% if paid within 30 days. Genus believes this will not materially affect its financial position or operations and intends to appeal the order. This matter highlights contingent liabilities and ongoing legal risks relevant for shareholders to monitor.