Borosil Renewables has informed that the Ministry of Finance (Department of Revenue) has recommended continued imposition of definitive countervailing duty (‘CVD’) on the imports of solar glass (Textured Tempered Glass) from Malaysia, for a period of five years from the date of publication of the notification issued by the Central Government vide Notification No. 02/2026-Customs (CVD) dated June 02, 2026. The Company welcomes the imposition of the Countervailing Duty, which addresses the damage caused by dumped and subsidized imports. This measure will not only protect domestic manufacturers but also accelerate investments in expansion of local production, driving exponential growth across India’s solar glass industry. The notification issued by the Ministry of Finance is attached.
The above information is a part of company’s filings submitted to BSE.
