NSEGeneral Updates8 Oct 2026 · 8 Oct 2026, 11:32 am
General Updates
OCCL Limited · OCCLLTD
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OCCL Limited has informed the Exchange about the initiation of a countervailing duty investigation by the Directorate General of Trade Remedies (DGTR) concerning imports of "Insoluble Sulphur" originating in or exported from China PR.
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OCCL Limited has informed the Exchange about General Updates
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OCCLLTD_08102026113211_CVDIntimationsigned.pdf
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Ref. No.: OCCL/SE/2026-27/CVD
Date: 08 October 2026
The Manager The Manager
BSE Limited National Stock Exchange of India Limited
Department of Corporate Services Exchange Plaza, Bandra Kurla Complex,
Floor 25, P.J. Towers, Dalal Street Bandra (E),
Mumbai – 400001 Mumbai - 400051
Scrip Code : 544278 Scrip Code : OCCLLTD
Sub.: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 – Initiation of Countervailing Duty
Investigation concerning imports of "Insoluble Sulphur" originating in or
exported from China PR
Dear Sir / Madam,
Pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015 (the "Listing Regulations"), and in accordance
with the Company's Policy for Determination of Materiality of Events or Information, we hereby
inform you that the Designated Authority, Directorate General of Trade Remedies ("DGTR"),
Ministry of Commerce and Industry (Department of Commerce), Government of India, has,
vide Initiation Notification F. No. 6/48/2026-DGTR dated 30 September 2026, published in the
Gazette of India (Extraordinary) dated 7 October 2026, initiated a countervailing duty
investigation concerning imports of "Insoluble Sulphur" originating in or exported from China
The investigation has been initiated on the application filed by the Company, in its capacity as
the sole producer of the subject goods in India, constituting the domestic industry.
The details required under the Listing Regulations are given in Annexure-A to this letter.
The financial impact, if any, is not quantifiable at this stage and will depend on the final findings
of the DGTR and the decision of the Ministry of Finance, Government of India. The Company
will keep the Stock Exchanges informed of material developments in this matter.
This intimation will also be available on the Company's website at www.occlindia.com.
We request you to kindly take the above information on record.
Thanking you,
Yours faithfully,
For OCCL Limited
Pranab Kumar Maity
Company Secretary & SGM Legal
Membership No.:A20606
Encl.: As above
ANNEXURE-A
Details of the Countervailing Duty Investigation initiated by the Directorate General of
Trade Remedies
Sr. Particulars Details
1 Name of the Authority Designated Authority, Directorate General of Trade
Remedies (DGTR), Ministry of Commerce and
Industry (Department of Commerce), Government of
India
2 Notification reference and Initiation Notification F. No. 6/48/2026-DGTR dated 30
date September 2026, published in the Gazette of India
(Extraordinary), Part I – Section 1, No. 309 on dated 7
October 2026
3 Case No. CVD/OI/008/2026
4 Nature of proceedings Countervailing duty (anti-subsidy) investigation
5 Applicant OCCL Limited (“the Company”), being the sole
producer of the subject goods in India and constituting
the domestic industry within the meaning of Rule 2(b)
of the CVD Rules, 1995
6 Product under consideration Insoluble Sulphur, classifiable under tariff items 2802
00 10 and 3812 39 30 of the First Schedule to the
Customs Tariff Act, 1975, and also imported under
tariff item 3824 99 00. The customs classification is
indicative only.
7 Subject country China PR
8 Period of investigation 1 April 2025 to 31 March 2026 (12 months)
9 Injury investigation period FY 2022-23, FY 2023-24, FY 2024-25 and the period
of investigation
10 Legal basis Section 9 of the Customs Tariff Act, 1975 read with
Rule 6 of the Customs Tariff (Identification,
Assessment and Collection of Countervailing Duty on
Subsidised Articles and for Determination of Injury)
Rules, 1995
11 Brief details The Designated Authority, on the basis of prima facie
evidence submitted by the domestic industry, is
satisfied as to the subsidisation of the subject goods,
material injury to the domestic industry, and a causal
link between such subsidisation and injury. The
investigation covers 79 alleged subsidy programmes
of the Government of China PR and shall determine
the existence, degree and effect of the alleged
subsidisation and recommend the amount of
countervailing duty which, if levied, would be adequate
to remove the injury to the domestic industry.
Sr. Particulars Details
12 Existing trade remedy (a) Anti-dumping duty on imports of the subject goods
measures from China PR and Japan, imposed for a period of five
years vide Notification No. 13/2025-Customs (ADD)
dated 6 June 2025.
(b) Anti-absorption investigation concluded vide Final
Findings F. No. 7/03/2026-DGTR dated 18 September
2026, recommending modification of the quantum of
duty to the Ministry of Finance, Government of India.
13 Expected financial impact Not quantifiable at this stage. The impact shall depend
upon the final findings of the DGTR and the decision
of the Ministry of Finance, Government of India.