BSECompany Update7h ago · 25 Sept 2026, 12:34 pm
Intimation under Regulation 30 of SEBI LODR is attached.
LG Electronics India Ltd · 544576
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LG Electronics India Ltd has received a Show Cause Notice from the Office of Commissioner of Customs (NS-V) alleging non-inclusion of royalty payments in the assessable value of certain imported goods, proposing recovery of Customs duty amounting to Rs. 153,57,67,711/-.
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Governance Concern1/10
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LG Electronics India Ltd - 544576 - Announcement Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulation, 2015
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LG Electronics India Limited
(16th to 20th Floor) C- 001, Tower D, KK Project, Sector-16 B.
Noida - 201301 Dist. Gautam Buddha Nagar, UP (India)
T: 91-120-651-6700 Website: www.lg.com/in
Email id: cgc.india@lge.com
LGEIL/CGC/2026-27/56
Date: September 25, 2026
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, C-1, Block G Phiroze Jeejeebhoy Towers
Bandra Kurla Complex, Dalal Street,
Bandra (E), Mumbai – 400 051 Mumbai – 400 001
NSE Symbol: LGEINDIA Scrip Code: 544576
Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (“SEBI LODR”)
Dear Sir/Madam,
This is to inform you that the Company has received a Show Cause Notice (“SCN”) dated
September 22, 2026, issued by the Office of Commissioner of Customs (NS-V), Jawaharlal Nehru
Customs House, Nhava Sheva, Tal-Uran, District-Raigad, Maharashtra-400707.
The details as required under Regulation 30 of SEBI LODR read with SEBI Master Circular
HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 and Industry Standards Note
on Regulation 30 of the SEBI LODR, is enclosed herewith as Annexure “A’’.
Kindly take the same on record.
The date and time of occurrence of the event is September 24, 2026 at 1:47 PM (IST).
Thanking You,
Yours truly,
For LG Electronics India Limited
(Anuj Goyal)
Company Secretary and Compliance Officer
Encl: As above
Regd. Office: A-24/6, Mohan Cooperative Industrial Estate, Mathura Road, New Delhi – 110044
CIN: L32107DL1997PLC220109
LG Electronics India Limited
(16th to 20th Floor) C- 001, Tower D, KK Project, Sector-16 B.
Noida - 201301 Dist. Gautam Buddha Nagar, UP (India)
T: 91-120-651-6700 Website: www.lg.com/in
Email id: cgc.india@lge.com
Annexure –“A”
Sr. No. Particulars Details
1 Name of the listed company; LG Electronics India Limited
2 Type of communication received; Show Cause No: 772/2026-27/Commr/NS-
V/CAC/JNCH, dated September 22, 2026.
D IN No. 20260978NX000083E7CF
3 Date of receipt of communication; September 24, 2026
4 Authority from whom Office of Commissioner of Customs (NS-V),
communication received; Jawaharlal Nehru Customs House, Nhava Sheva,
Tal-Uran, District-Raigad, Maharashtra-400707
5 Brief summary of the material The Company has received Show Cause Notice
contents of the communication pursuant to an investigation by the Directorate of
received, including reasons for Revenue Intelligence (DRI), alleging non-inclusion
receipt of the communication; of royalty payments in the assessable value of
certain imported goods. The Show cause Notice
proposes recovery of Customs duty amounting to
Rs. 153,57,67,711/-
6 Period for which communication NA
would be applicable, if stated;
7 Expected Financial implications on The financial impact, if any, will be determined
the listed company, if any; upon adjudication of the Show Cause Notice. The
Company is evaluating the matter and will submit
its response before the appropriate authority within
prescribed timeline.
8 Details of any aberrations/ non- The Show Cause Notice alleges non-inclusion of
compliances identified by the royalty payments in the assessable value of
authority in the communication; imported goods and consequential short-payment of
c ustoms duty.
9 Details of any penalty or restriction No Penalty has been imposed at this stage.
or sanction imposed pursuant to the
communication;
10 Action (s) taken by listed company The Company is currently reviewing the matter and
with respect to the communication; plan to submit a response to the appropriate
authorities within the prescribed timeline. Company
believe that it has appropriately paid customs duties
fully complying with the Customs Act, 1962 read
w ith relevant Rules.
11 Any other relevant information; N il
Regd. Office: A-24/6, Mohan Cooperative Industrial Estate, Mathura Road, New Delhi – 110044
CIN: L32107DL1997PLC220109