Disclosure Context
Disclosure made under Regulation 30 read with Sub Para 7 of Para B of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("SEBI Listing Regulations").
Event Details
The Company's subsidiary, Laxmi Dental Lab USA, INC, has received a tariff refund from U.S. Customs and Border Protection (CBP) amounting to US$ 0.63 million. This amount is equivalent to approximately INR 59.20 million.
Reason for Refund
The refund is consequent to the US Supreme Court's directives to the US Government to refund the excess tariff collected from importers.
Additional Information
The disclosure will also be made available on the Company's website at www.laxmidentallimited.com.