Garware Hi-Tech Films Limited has received final findings from the Directorate General of Trade Remedies regarding an anti-dumping investigation on imports of Thermoplastic Polyurethane (“TPU”) based surface/Paint Protection Film from the People’s Republic of China. The authority has recommended imposing anti-dumping duty to safeguard domestic industry. As a manufacturer of TPU-based PPF, Garware Hi-Tech anticipates benefiting from these findings, with the final notification pending from the Central Government.
Key Development in Raw Material Imports
Garware Hi-Tech Films Limited has been notified of the final findings concerning an anti-dumping investigation. This investigation specifically targets imports of “Thermoplastic Polyurethane (“TPU”) based surface/Paint Protection Film” that originate from or are exported by the People’s Republic of China.
Authority’s Recommendation
The Directorate General of Trade Remedies (DGTR), Department of Commerce, has concluded its investigation. The authority has recommended the imposition of anti-dumping duty. This duty is intended to be equal to the lesser of the margin of dumping and the margin of injury, with the explicit goal of removing injury sustained by the domestic industry.
Company’s Position and Outlook
As a domestic manufacturer of TPU-based PPF, Garware Hi-Tech Films Limited is positioned to benefit from this development. The company has received the final findings on June 16, 2026, with the findings themselves dated June 12, 2026. The final notification regarding the imposition of duties from the Central Government is still awaited.
Regulatory Compliance
This intimation has been provided pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency with stakeholders.
Source: BSE
