Pokarna Limited submitted a regulatory disclosure to BSE Limited and National Stock Exchange of India Ltd. regarding a positive development concerning the export of Quartz Surface Products to the United States.
The disclosure states that US importers and domestic producers of Quartz Surface Products in the United States have officially withdrawn their request for the Antidumping Duty Administrative Review conducted by the U.S. Department of Commerce (USDOC). This withdrawal specifically pertains to the review period from June 1, 2025, to May 31, 2026, concerning exporters from India.
As a consequence of this withdrawal, the administrative review for the specified period against Indian exporters, including Pokarna Engineered Stone Limited (a wholly owned subsidiary of Pokarna Limited), has been rescinded. The company confirms that the antidumping duty assessment rates for its exports during this period will remain unaffected by this review cycle.
This development provides greater regulatory certainty for the export operations of Pokarna Engineered Stone Limited to the U.S. market. The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The letter was signed by Om Jaiswal, Company Secretary & Compliance Officer (Membership No. A81379) on behalf of Pokarna Limited.