Subros Limited has received an order from Customs demanding a total of Rs. 35.08 crore, comprising a redemption fine, differential duty, and penalties.

This stems from alleged incorrect benefit availment and mis-classification of components.

The company will appeal this order, as its legal counsel assesses a favorable outcome.

Management anticipates no material financial or operational impact, reassuring investors about business continuity despite the demand.

This update highlights a contingent liability that the company is confident in managing through the appellate process.