NSEAction(s) initiated or orders passed3d ago · 6 Nov 2026, 04:55 pm
Action(s) initiated or orders passed
Tilaknagar Industries Limited · TI
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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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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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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