Nureca Limited Reports on Customs Proceedings, Makes Pre-Deposit of INR 57,12,811
Nureca Limited has provided an update regarding proceedings initiated by the Directorate of Revenue Intelligence (DRI) concerning product classification. The matter falls under Section 108 of the Customs Act, 1962.The company reported that a hearing notice was received from the DRI related to the product classification issue. Nureca Limited attended the hearing on May 13, 2026, where the company represented its case before the concerned authority.
In connection with the ongoing proceedings, and without prejudice to its rights in the matter, Nureca Limited has made a pre-deposit amount of INR 57,12,811/- (Rupees Fifty Seven Lakh Twelve Thousand Eight Hundred and Eleven only).
As of the reporting date, no formal order has been issued by the DRI. The company stated it will keep the relevant stock exchanges informed regarding any further material developments, including the finalization or receipt of an order.
NURECA Stock Price Movement
On Friday, Nureca Limited shares edged higher to close at ₹272.2, marking a 0.07% gain for the day. Trading for the session saw the stock move amidst a volume of 4,149 shares.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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