ABB India has informed that the Company has received an Order from the Office of Commissioner of Customs (Import) imposing a fine of Rs 1,00,000 and penalty of Rs 5000 under applicable provisions of the Customs Act, 1962 in relation to the goods imported by the Company. The details of the above Order, as required under Clause 20 of Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13th July, 2023 is enclosed as Annexure I.
The above information is a part of company’s filings submitted to BSE.
