D-Link (India) Limited has informed stock exchanges about receiving a customs adjudication order that demands ₹6.11 crores for alleged violations related to royalty payments and customs duty calculations. The disclosure was made under Regulation 30 of SEBI listing regulations on January 20, 2026.

Customs Authority Action

The Office of the Commissioner of Customs (Adjudication), Mumbai issued the order on January 16, 2026, which the company received via email on January 19, 2026. The adjudication order addresses alleged violations concerning the failure to include royalty payments made to the parent company in the assessable value, resulting in short payment of customs duty.

Nature of Alleged Violations

The adjudicating authority determined that royalty payments made by D-Link India to D-Link Corporation should be included in the assessable value of certain imported licensed products. The order alleges that the company excluded these royalties from the transaction value, thereby violating Section 14 of the Customs Act, 1962, read with Rule 10(1)(c) of the Customs Valuation Rules, 2007.

Financial Impact and Demand Details

The customs demand and company's response present the following financial picture:

During the investigation process, D-Link India made an ad-hoc voluntary payment of ₹1 crore, which has been allowed for appropriation against the total demand.

Company's Position

D-Link India has stated that there is no material impact on the company's operations, financial position, or other activities, except for the specific matter detailed in the customs order. The company has fulfilled its regulatory disclosure obligations by informing both BSE and NSE about the adjudication order as required under SEBI listing regulations.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Shrinivas Adikesar signed the regulatory filing, ensuring compliance with stock exchange notification requirements.

D-Link (India) Limited has informed stock exchanges about an upcoming Board of Directors meeting scheduled for February 05, 2026. The meeting will primarily focus on considering and approving the company's unaudited financial results for the quarter and nine months ended December 31, 2025.

Board Meeting Details

The announcement was made through an official communication dated January 06, 2026, addressed to both BSE Limited and National Stock Exchange of India Limited. The meeting has been scheduled in accordance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Trading Window Closure

In compliance with the company's code of conduct under SEBI (Prohibition of Insider Trading) Regulations, 2015, D-Link India has implemented a trading window closure for its securities. The trading window became effective from January 01, 2026, and will remain closed until 48 hours after the financial results are disclosed to the stock exchanges.

Stock Exchange Communication

The formal intimation was signed by Shrinivas Adikesar, Company Secretary & Compliance Officer, and submitted to both major Indian stock exchanges where D-Link India securities are listed.

The board meeting represents a routine quarterly disclosure requirement, allowing investors and stakeholders to review the company's financial performance for the third quarter of fiscal year 2026.