Ahlada Engineers Limited — Others, 26-08-2025: Action(s) initiated or orders passed

Ahlada Engineers announced that Customs authorities have lifted the seizure on machinery previously held under three Export Promotion Capital Goods (EPCG) licenses. The company states it had received extensions from DGFT for its export obligations, challenging the initial seizure's premise. Management emphasizes this lifting of the seizure has no impact on the company’s financials or operations. While three licenses are now clear, an extension for one remaining license is still in process. The company also has a High Court petition challenging the original seizure.