<h1>Kothari Sugars and Chemicals Limited Gains Renewal Recognition for In-House R&D Unit from DSIR</h1>
Kothari Sugars And Chemicals Limited has secured the renewal of recognition for its In-House Research and Development (R&D) unit. The renewal was granted by the Department of Scientific and Industrial Research (DSIR), which falls under the Ministry of Science & Technology, Government of India. The company's R&D unit is located at Plot No. 291/1, Ulundai Road, Ulundai Village, Sengadu, Tamil Nadu.
The renewal extends the recognition until March 31, 2029. This status is critical as the In-House R&D Unit holds registration with DSIR specifically for the purpose of availing customs duty exemption under various Government Notifications.
Kothari Sugars And Chemicals Limited maintains registration with DSIR to benefit from customs duty exemptions. This recognition has been supported through a series of government notifications issued over several years, ensuring compliance and continued benefits related to its research activities.
The historical basis for the company's R&D unit registration and associated custom duty exemptions is detailed across multiple Government Notifications:
| Customs Notification | Date |
|---|---|
| No. 51/96 - Customs | 23.07.1996 |
| No. 24/2007 - Customs | 01.03.2007 |
| No. 43/2017 - Customs | 30.06.2017 |
| No. 42/2022 - Customs | 13.07.2022 |
| No. 07/2024 - Customs | 29.01.2024 |
| No. 38/2024 - Customs | 23.07.2024 |
| No. 45/2025 - Customs | 24.10.2025 |
These notifications, along with all subsequent amendments, confirm the operational status of the R&D unit, which now benefits from the renewed recognition until March 31, 2029.
KOTARISUG Stock Price Movement
On Thursday, Kothari Sugars And Chemicals Limited shares slipped by 0.28%, concluding the trading session at ₹24.96. The equity traded a total of 24,688 shares during the day.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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