Borosil Renewables Limited has disclosed pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 that its in-house Research and Development (R&D) Unit(s) have received prestigious recognition from the Department of Scientific and Industrial Research (DSIR) of Government of India, Ministry of Science and Technology, New Delhi.
The recognition has been accorded to the company's R&D unit located at Plot no. 7, Sr. No. 234,235 & 245, Indialand Global Industrial Park Road, Phase-1, Hinjewadi, Pune, Maharashtra. The DSIR recognition acknowledges the company's R&D activities' supremacy, par excellence research work and innovations, and encourages maintaining R&D activities at par with international standards.
The recognition provides the R&D Unit with eligibility to avail Customs duty exemption on the purchase/import of equipment, instruments, spares, consumables, etc. used for R&D activities. The registration is valid from May 27, 2026, until March 31, 2029.
The customs duty exemption is granted under multiple government notifications including No. 51/96-Customs dated 23.07.1996; No. 24/2007-Customs dated 01.03.2007; No. 43/2017-Customs dated 30.06.2017; No. 42/2022-Customs dated 13.07.2022; No. 07/2024-Customs dated 29.01.2024; No. 38/2024-Customs dated 23.07.2024; No. 45/2025-Customs dated 24.10.2025 and all amendments thereto.
The DSIR recognition letter was issued on June 12, 2026, by Scientist 'G' Vinay Kumar from the Department of Scientific and Industrial Research, Technology Bhavan, New Mehrauli Road, New Delhi - 110016.
The company disclosure was signed by Kishor Talreja, Company Secretary and Compliance Officer (Membership no. FCS 7064) on June 25, 2026.
Financial Impact
The recognition enables customs duty exemptions on R&D-related imports, though the specific financial impact is not quantified in the disclosure.
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