Borosil Renewables Receives Show Cause Notice Regarding Import Duties
Borosil Renewables Limited has received a Show Cause Notice concerning customs duties paid on imported capital goods. The notice, dated May 15, 2026, was issued by the Office of the Commissioner of Customs (NS-V) at Jawaharlal Nehru Customs House, Nhava Sheva, Raigad, Maharashtra.The communication alleges a short payment of custom duties related to the import of two specific items of capital goods. The disputed amount is detailed as Rs. 13.30 crores. The notice questioned why this amount should not be demanded along with interest and penalty.
Borosil Renewables Limited stated that the company is currently evaluating the matter and plans to submit its formal reply within the prescribed time period.
BORORENEW Stock Price Movement
As of 3:08 PM, shares of BOROSIL RENEWABLES LIMITED are slipping by 1.74% in live trading, currently valued at ₹493. The equity shed ₹8.75 on a notable volume of 515,948 shares, reflecting selling pressure in the late afternoon session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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