This is a regulatory disclosure filed by Gandhar Oil Refinery (India) Ltd pursuant to Regulation 30 read with Clause 20 of Para A of Part A of Schedule III of the SEBI (LODR) Regulations, 2015.
The company has received a favorable order from the Office of the Commissioner of Customs (Imports – II), Zone – I, Mumbai. The specific order is numbered 48/MT/DC/CRARS/2026-27 and was issued by the Deputy Commissioner of Customs CRARS, under the Office of the Principal Commissioner of Customs (Import-II), NCH, Zone -1 Mumbai.
The order sanctions a refund claim of ₹17,69,43,960 (Seventeen Crore Sixty-Nine Lakh Forty-Three Thousand Nine Hundred Sixty Rupees) filed by the company for the period 2017-18 under Section 27 of the Customs Act, 1962. The authority found the claim to be admissible and has sanctioned the refund.
The company received the original order, which is dated May 25, 2026, at its office on May 29, 2026.
The disclosure explicitly states that the order in favor of the company shall augment its working capital.