Reliance Industries informs about disclosure
Reliance Industries has informed that the Company has received an order dated March 16, 2026 (‘Order’) from the Additional Commissioner of Customs, Mundra levying on the Company a redemption fine and penalty aggregating Rs. 17,06,958 under applicable provisions of the Customs Act, 1962. The Order has been passed alleging that the Company has discharged a lesser custom duty by incorrect classification of imported goods in the Bill of Entry. The Company intends to file an appeal against the Order. The financial impact of the Order is to the extent of the redemption fine and penalty levied. There is no impact on operations or other activities of the Company due to the Order. The Order was received by the Company on March 17, 2026, by email, at 09:49 am (IST).
The above information is a part of company’s filings submitted to BSE.
