ALPHA TRIBE

Navkar Corporation LimitedOthers, 05-08-2025: Action(s) taken or orders passed

05-08-2025 | 12:43 pm

Navkar Corporation's Open Bonded Area warehousing operations have been cleared to fully resume. The Commissioner of Customs lifted the facility's suspension, allowing Navkar to restart all business activities at this key location. This is a significant operational positive, ensuring continuity for a core business segment. A penalty of Rs. 0.015 Cr was also imposed. This development is crucial for shareholders as it removes an operational hurdle and ensures full utilization of the company's warehousing infrastructure.

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