NSEAction(s) initiated or orders passed3d ago · 6 Nov 2026, 04:55 pm

Action(s) initiated or orders passed

Tilaknagar Industries Limited · TI

✦ AI Summary▼ NegativeRegulatory

Tilaknagar Industries Limited has informed the Exchange about Action(s) initiated or orders passed by Directorate of Revenue Intelligence, Mumbai Zonal Unit issued a seizure memo under the provisions of Section 110 of the Customs Act, 1962.

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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk3/10
Liquidity Impact6/10
Market Sentiment4/10

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Tilaknagar Industries Limited has informed the Exchange about Action(s) initiated or orders passed by Directorate of Revenue Intelligence, Mumbai Zonal Unit issued a seizure memo under the provisions of Section 110 of the Customs Act, 1962.

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gthakur_06112026165503_TI_Order_Nov2026.pdf

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November 06, 2026 To, To, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block-G, Dalal Street, Bandra-Kurla Complex, Bandra (East), Mumbai 400001 Mumbai-400 051. Scrip Code: 507205 Symbol: TI Sub: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Ref: Our Intimation dated October 23, 2026 Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Directorate of Revenue Intelligence, Mumbai Zonal Unit issued a seizure memo under the provisions of Section 110 of the Customs Act, 1962. The details required under Regulation 30 of the Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 is enclosed as Annexure – 1. This intimation is also being uploaded on Company’s website and can be accessed on the website of the Company i.e. www.tilind.com This is for your information and records. For Tilaknagar Industries Ltd. Minuzeer Bamboat Company Secretary and Compliance Officer Annexure -1 Sr. No. Particulars Details 1. Name of the authority Directorate of Revenue Intelligence, (DRI) Mumbai Zonal Unit. 2. Nature and details of In continuation of our intimation letter dated action(s) taken, initiated or October 23, 2026 the DRI has issued a seizure memo under Section 110 of the order(s) passed. Customs Act, 1962, in respect of goods valued at approximately INR 30.14 crore. 3. Date of receipt of direction Seizure memos were received by courier on or order, including any ad- Thursday November 05, 2026 at 17:55 hrs IST. The Company is confident of an early interim or interim orders, or resolution of the matter and continues to any other communication engage with the concerned authorities and is from the authority. taking necessary steps to seek release of the goods as per Custom’s regulations. 4. Details of the violation(s) The aforesaid matter relates to an Industry /contravention(s) committed wide customs tariff classification of certain imported goods and the preferential tariff or alleged to be committed treatment under the India–United Kingdom (“UK”) Free Trade Agreement. The issue has been discussed by the Industry Association with the Ministry of Commerce on November 02, 2026, wherein assurance has been provided on earliest resolution of the matter by the apex levels of the government. 5. Impact on financial, The Company is taking necessary steps to operation or other activities continue its operations in the normal course of business, and, as of now, there is no of the listed entity, material impact/ disruption to business. quantifiable in monetary terms to the extent possible