Details of Authority
Directorate of Revenue Intelligence, Department of Revenue, Government of India (DRI).
Nature of Action
Initiation of search pursuant to the provisions of Section 105 of the Customs Act, 1962. The search operations form part of an industry-wide exercise being conducted by the Revenue Authority.
Date of Action
The search was initiated at multiple locations on 16th October 2026, with the last search concluding at 20:30 hrs IST.
Company Response
The Company has extended its full co-operation and assistance in the matter and has duly furnished all documents, clarifications and information as sought by DRI during the search.
Financial Impact Assessment
No impact on financial, operation or other activities of the Company as of the disclosure date. The company states it will continue to provide full cooperation as the matter progresses.