Fujiyama Power Systems to host virtual analyst meet on July 9, 2026

0 min read     Updated on 04 Jul 2026, 03:28 PM
scanx
Reviewed by
Shriram SScanX News Team
AI Summary

Fujiyama Power Systems Limited has scheduled a virtual group analyst and investor meeting on July 09, 2026, at 4:00 PM IST, hosted by Churchgate Partners. The meeting is being held under SEBI (LODR) Regulations, 2015, and the company has confirmed that no unpublished price sensitive information will be shared. The intimation was signed by Company Secretary Mayuri Gupta on July 04, 2026.

powered bylight_fuzz_icon
44694804

*this image is generated using AI for illustrative purposes only.

Fujiyama Power Systems Limited has scheduled an analyst and investor meeting for July 09, 2026. The management will participate in a virtual group interaction hosted by Churchgate Partners, commencing at 4:00 PM IST. The company stated that no unpublished price sensitive information would be disclosed during this session.

The meeting is being conducted pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The schedule is subject to change due to exigencies involving analysts, institutional investors, or the company.

Event Schedule

Parameter: Details
Day & Date: Thursday, July 09, 2026
Event: Group Meeting
Interaction Type: Group
Mode / Venue: Virtual
Host: Churchgate Partners
Time: 4:00 PM IST

Further details regarding the meeting are available on the company's investor relations website. Mayuri Gupta, Company Secretary and Compliance Officer, signed the intimation on July 04, 2026.

Historical Stock Returns for Fujiyama Power Systems

1 Day5 Days1 Month6 Months1 Year5 Years
-1.47%+10.74%+7.18%+52.53%+64.44%+64.44%

What strategic updates or growth initiatives is Fujiyama Power Systems likely to discuss during the meeting?

How might the outcomes of this meeting influence investor sentiment and stock performance in the short term?

What are the potential market reactions if any unexpected but non-sensitive information is disclosed?

like15
dislike

Fujiyama Power Systems faces ₹13.97 Cr customs duty notice

1 min read     Updated on 19 Jun 2026, 01:05 AM
scanx
Reviewed by
Jubin VScanX News Team
AI Summary

Fujiyama Power Systems received a show cause notice from the Office of Assistant Commissioner of Customs, Noida, seeking ₹13.97 crore in differential duty. The notice alleges mis-declaration of imported goods and ineligible exemption claims for FY 2024-25 and prior periods. The company intends to appeal and states that a provision has already been made.

powered bylight_fuzz_icon
43336918

*this image is generated using AI for illustrative purposes only.

Fujiyama Power Systems Limited has received a show cause notice from the Office of Assistant Commissioner of Customs, Noida Customs Commissionerate, seeking recovery of differential duty amounting to ₹13.97 crore. The notice, dated June 17, 2026, alleges that the company mis-declared imported goods and claimed ineligible exemption benefits under Notification No. 57/2017-Customs. The customs authorities have proposed re-classifying the goods under a different tariff item, which would attract higher duties.

The dispute centers on goods imported in FY 2024-25 and prior periods, which were declared under Customs tariff item 85049090. The department contends these should be re-assessed under Customs Tariff Item 85044090. Consequently, the notice demands the recovery of ₹13,96,77,362 along with applicable interest under Section 28AA of the Customs Act, 1962, and proposes penalties. The company has been given 30 days to respond to the Principal Commissioner or Commissioner, Inland Container Depot, Dadri, Noida.

Fujiyama Power Systems stated that it does not concur with the findings and believes it has valid grounds to challenge the notice. The management intends to avail appropriate appellate remedies and file an appeal before the competent authority within the prescribed timelines. The company emphasized that it has already made a provision in its financial statements regarding this matter in accordance with applicable Indian accounting standards.

Key Details of the Show Cause Notice

Particulars Details
Date of Notice June 17, 2026
Issuing Authority Office of Assistant Commissioner of Customs, Noida Customs Commissionerate
Section Section 28(4) of Customs Act, 1962
Duty Demanded ₹13.97 crore
Allegation Mis-declaration of imported goods and ineligible exemption claim
Proposed Re-classification Customs Tariff Item 85044090
Interest Applicable Under Section 28AA of Customs Act, 1962

The company confirmed that due to the existing provision, no additional material impact on its financial position or operations is presently envisaged, subject to the outcome of the appellate proceedings. The intimation was submitted to the exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Historical Stock Returns for Fujiyama Power Systems

1 Day5 Days1 Month6 Months1 Year5 Years
-1.47%+10.74%+7.18%+52.53%+64.44%+64.44%

How will the prolonged legal battle impact Fujiyama Power Systems' cash flow and liquidity during the appellate process?

Could this re-classification scrutiny by customs authorities trigger similar reviews for other players in the power systems import sector?

What is the likelihood of the appellate authority overturning the customs department's re-classification from tariff item 85049090 to 85044090?

like20
dislike

More News on Fujiyama Power Systems

Must Read Next

Earnings

Corporate Actions

Stocks

1 Year Returns:+64.44%