Borosil Renewables secures DSIR recognition for R&D unit valid till March 31, 2029
Borosil Renewables has received DSIR recognition for its in-house R&D unit in Pune, valid until March 31, 2029. This allows the company to claim customs duty exemptions on imported equipment and consumables for research purposes. The recognition is effective from May 27, 2026.
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Borosil Renewables has secured recognition from the Department of Scientific and Industrial Research (DSIR) for its in-house Research and Development (R&D) unit, a status that will remain valid until March 31, 2029. The recognition, accorded by the Ministry of Science and Technology, Government of India, applies to the company's facility located at Plot No. 7, Sr.No. 234, 235 & 245, Indialand Global Industrial Park Road, Phase-1, Hinjewadi, Pune, Maharashtra. This certification acknowledges the company's research capabilities and innovation standards.
The status enables the R&D unit to avail customs duty exemptions on the purchase or import of equipment, instruments, spares, and consumables utilized for research activities. The registration is effective from May 27, 2026. The company disclosed this development in a filing submitted to the stock exchanges on June 25, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.
The DSIR recognition benchmarks industrial R&D and encourages entities to maintain activities at par with international standards. The certificate of registration specifically references several government notifications regarding customs duty exemptions, including notifications No. 51/96-Customs, No. 24/2007-Customs, No. 43/2017-Customs, No. 42/2022-Customs, No. 07/2024-Customs, No. 38/2024-Customs, and No. 45/2025-Customs.
The following table outlines the key details of the recognition:
| Detail | Information |
|---|---|
| Recognizing Authority | Department of Scientific and Industrial Research (DSIR) |
| Location of R&D Unit | Plot No. 7, Sr.No. 234, 235 & 245, Indialand Global Industrial Park Road, Phase-1, Hinjewadi, Pune, Maharashtra |
| Validity Period | Upto March 31, 2029 |
| Effective Date | May 27, 2026 |
| Key Benefit | Customs duty exemption on R&D imports |
The filing was signed by Kishor Harish Talreja, Company Secretary and Compliance Officer of Borosil Renewables Limited.
Historical Stock Returns for Borosil Renewables
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +9.59% | +6.44% | +26.84% | +29.23% | +26.92% | +137.87% |
How will the customs duty exemptions impact Borosil Renewables' capital expenditure plans for R&D over the next three years?
What specific technological advancements or product innovations is the company targeting with its recognized R&D unit?
Could this DSIR recognition position Borosil Renewables to secure additional government grants or subsidies for green technology development?
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