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AIA Engineering informs about updates

29 Oct 2022 Evaluate

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015, AIA Engineering has informed that The Canada Border Services Agency (CBSA) has decided to carry out a review of the on-going administration (and obligations for The Company) of the anti-dumping finding for export of certain grinding media to Canada destined for the mining sector to inquire about any change in input costs and sales data from the time the order was last issued on 29 July 2021. This is a standard procedure carried out when there may be material changes in market conditions including input costs. The Company will continue to co-operate with CBSA in this process and will comply with any new guidelines that will be published in this regard. Its total sales of Grinding Media in Canada during Financial Year 2021-22 were 3002 MT (including 1220 MT of Mining Grinding Media).

The above information is a part of company’s filings submitted to BSE.


Peers
Company Name CMP
AIA Engineering 3971.95
Alicon Castalloy 730.35
Nelcast 107.90
PTC Industries 22803.90
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