Uno Minda Receives Customs Duty Order Over Anti-Dumping Duty on Machinery Import

1 min read     Updated on 18 Jun 2026, 05:50 AM
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Reviewed by
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AI Summary

Uno Minda received a customs order from the Office of the Commissioner of Customs, Nhava-Sheva, demanding Rs. 48,81,256 in Anti-Dumping Duty and an equivalent penalty related to machinery import, with interest under Section 28AA of the Customs Act, 1962. The company intends to contest the order and has stated it does not anticipate any material impact on its financial or operational activities.

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Uno Minda has received an order from the Office of the Commissioner of Customs, Jawaharlal Nehru Custom House, Nhava-Sheva, Maharashtra, demanding payment of duty and penalty in connection with the import of machinery. The order, received on June 17, 2026, pertains to Anti-Dumping Duty and specifies a tax/duty amount of Rs. 48,81,256/- along with an equivalent penalty of Rs. 48,81,256/-. Interest is also applicable under Section 28AA of the Customs Act, 1962.

The company disclosed this development under Regulation 30 read with Schedule III of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. Uno Minda has stated its intention to contest the order based on the merits of the case. Management further clarified that the company does not foresee any material impact on its financial, operational, or other activities as a result of this order.

Breakdown of Demands

The order outlines the specific financial implications for the company regarding the import of machinery. The key components of the demand are detailed below:

Particulars: Amount
Tax/Duty: Rs. 48,81,256/-
Penalty: Rs. 48,81,256/-
Interest: As applicable under Section 28AA of the Customs Act, 1962

The communication was addressed to the National Stock Exchange of India Ltd. and BSE Ltd. by Tarun Kumar Srivastava, Company Secretary & Compliance Officer of Uno Minda Limited.

Historical Stock Returns for UNO Minda

1 Day5 Days1 Month6 Months1 Year5 Years
+0.91%+1.61%-2.13%-12.08%+4.61%+240.59%

How might the outcome of this legal challenge influence Uno Minda's future import strategies for machinery?

Could this order trigger similar scrutiny or demands for other machinery imports by the company?

What are the potential timelines and costs associated with contesting the order?

UNO Minda Records ₹18.16 Crore Block Trade on NSE for ~1,69,660 Shares

0 min read     Updated on 09 Jun 2026, 12:04 PM
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Reviewed by
Radhika SScanX News Team
AI Summary

UNO Minda witnessed a block trade on the NSE involving approximately 1,69,660 shares at ₹1070.40 per share, with the total transaction value amounting to ₹18.16 crores. Such block trades typically involve institutional participants and are executed outside the regular market order book to minimise price impact.

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UNO Minda witnessed a block trade on the National Stock Exchange (NSE), with approximately 1,69,660 shares transacted at a price of ₹1070.40 per share. The total value of the block trade stood at ₹18.16 crores, signalling notable activity in the counter.

Block Trade Details

The following table summarises the key parameters of the block trade recorded on the NSE:

Parameter: Details
Exchange: NSE
Number of Shares: ~1,69,660
Trade Price: ₹1070.40
Total Trade Value: ₹18.16 crores

Block trades of this scale typically involve institutional participants and are executed outside the regular market order book to minimise price impact. The transaction in UNO Minda reflects considerable interest in the stock at the prevailing price level.

Historical Stock Returns for UNO Minda

1 Day5 Days1 Month6 Months1 Year5 Years
+0.91%+1.61%-2.13%-12.08%+4.61%+240.59%

What are the potential reasons behind the institutional interest in UNO Minda at the current price level?

How might this block trade influence UNO Minda's stock performance in the upcoming trading sessions?

Could this transaction signal a strategic shift in investor sentiment towards the auto ancillary sector?

More News on UNO Minda

1 Year Returns:+4.61%