FilingReader Intelligence

DCM Shriram faces INR 40 crore excise duty hit

July 11, 2025 at 07:10 PM UTCBy FilingReader AI

DCM Shriram reported that the excise commissioner of Uttar Pradesh has reinstated import/export fees on denatured alcohol, retroactively applied from FY 2018-19 to FY 2024-25, following a Supreme Court order.

This action could result in an impact of up to INR 40 crore, which the company is currently evaluating while exploring legal recourse.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:DCMSHRIRAMBombay Stock Exchange

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