FilingReader Intelligence

Uno Minda faces customs penalty over import misclassification

July 11, 2025 at 04:49 AM UTCBy FilingReader AI

Uno Minda Limited faces penalties totaling 95.95 lakh rupees from Chennai Customs for misclassifying imported goods under incorrect codes.

The company has paid differential duty of 42.98 lakh rupees, plus faces an equal penalty amount, redemption fine of 10 lakh rupees, and applicable interest charges.

Uno Minda plans to contest the order and states it expects no material impact on financial or operational activities.

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

BSE:UNOMINDABombay Stock Exchange

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