Garware Hi-Tech Films Receives DGTR Findings in Anti-Dumping Investigation on TPU Film Imports
Garware Hi-Tech Films Limited has received the Final Findings from the Directorate General of Trade Remedies (DGTR) regarding an anti-dumping investigation into imports of 'Thermoplastic Polyurethane (TPU) based surface/Paint Protection Film' originating from China. The findings were issued by the DGTR, a department under the Ministry of Commerce and Industry, on June 12, 2026, as reported to the company on June 16, 2026.The investigation focused on anti-dumping measures concerning TPU based films imported from People's Republic of China. The Authority has concluded the inquiry and recommended an anti-dumping duty designed to remove injury to the domestic industry.
The recommended action mandates that the imposition of this anti-dumping duty be equal to the lesser of the margin of dumping or the margin of injury. This recommendation is intended to protect the domestic industry sector from unfair competition related to these imported films.
Garware Hi-Tech Films Limited, a manufacturer specializing in TPU based Paint Protection Film (PPF), stands to be affected by these findings.
The company noted that while the Final Findings have been received and relate directly to its operational area, the final notification of anti-dumping duty from the Central Government is still pending receipt.
GRWRHITECH Stock Price Movement
As of 12:48 PM, shares of Garware Hi-Tech Films Limited are shedding value, slipping by 0.29% in live trading to ₹6302. The equity boasts a significant 52-week high of ₹6397 and saw intense activity today, with over 39,603 shares traded.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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