NSE/BSE Codes: BSE: 539725, Symbol: GOKULAGRO

Summary of Key Information:

Nature of Event / Disclosure:

Regulatory disclosure pursuant to SEBI Listing Regulation 30 regarding receipt of Show Cause Notice from Customs authorities alleging violation of Customs Act, 1962 provisions.

Involved Parties / Authorities:

  • Office of the Principal Commissioner of Customs, Custom House, Mundra port, Kutch, Gujarat
  • Gokul Agro Resources Limited

Date / Timeline of Event:

  • Date of Notice Receipt: June 11, 2026
  • Date of Disclosure to Exchanges: June 12, 2026
  • Period of Alleged Violation: May 11, 2021 to December 19, 2025

Brief Description of Outcome / Dispute:

The Customs Department has alleged that the Company violated provisions of Section 65 read with Section 58 of the Customs Act, 1962 by availing unlawful Duty Drawback and RoDTEP Scrips on exported goods. The specific allegations involve:

  • Duty Drawback amount: ₹14,52,55,203/- (Fourteen Crore Fifty-Two Lakh Fifty Five Thousand Two Hundred Three)
  • RoDTEP Scrips amount: ₹38,46,88,080/- (Thirty-Eight Crore Forty-Six Lakhs Eighty-Eight Thousand And Eighty Only)
  • Total alleged unlawful benefits: ₹52,99,43,283/

Impact of Outcome:

Financial Impact:

Based on preliminary assessment and legal advice, the Company states it does not foresee any financial liability. The exact financial implications cannot be determined until completion of proceedings. No penalty has been quantified in the notice, and no restrictions or sanctions have been imposed.

Operational / Business / Strategic Impact:

No material operational or business disruptions are indicated in the disclosure. The Company continues normal operations while addressing the notice.

Other Implications:

The matter involves potential reputational impact related to customs compliance and export operations. The Company maintains its position that it has adequate grounds to substantiate its compliance.

Next Steps / Required Actions:

  • The Company is in the process of submitting appropriate responses in consultation with its legal advisors
  • The response will be filed before the relevant authority within prescribed timelines
  • The Company believes it has adequate grounds to substantiate its position