AWL Agri Business Limited has announced the receipt of an order imposing a penalty from the Office of the Principal Commissioner of Customs, Ahmedabad, dated February 27, 2026. The penalty amounts to ₹2,75,000 related to the alleged wrong utilization of Merchandise Exports from India Scheme (MEIS) scrips by the importer for customs duty payment. The company confirmed receiving the order on March 13, 2026, and states it foresees no material impact on its operations.
Regulatory Disclosure Announcement
AWL Agri Business Limited (formerly Adani Wilmar Limited) has formally disclosed receiving an official order imposing a financial penalty from a regulatory authority, as mandated by corporate disclosure requirements. This announcement, dated March 14, 2026, provides the mandated details regarding the regulatory action.
Details of the Penalty Imposed
The action was taken by the Office of the Principal Commissioner of Customs, Ahmedabad, under the provisions of the Customs Act, 1962. The order levied a penalty of Rs. 2,75,000/- (Rupees Two Lakhs Seventy Five Thousand only) against the Company.
Key Dates and Violation Summary
- Order Date: The penalty order was issued on February 27, 2026.
- Receipt Date: The Company officially received the order on March 13, 2026.
- Alleged Contravention: The violation pertains to the alleged wrongful use of Merchandise Exports from India Scheme (MEIS) scrips, which were purchased from a third party. The importer (the Company) is alleged to have wrongly utilized these scrips to fulfill customs duty obligations.
Company Response and Outlook
In response to the penalty imposition, the Company confirmed that it is currently taking appropriate steps to appeal against the order before the designated appropriate authority. Critically, AWL Agri Business Limited stated that it does not foresee any material impact on its financial, operational, or other ongoing activities as a result of this penalty.
Source: BSE
