The Baroda Rayon Corporation Limited has received Show Cause Notices from the Directorate General of Foreign Trade, Surat.

These notices stem from the company's non-fulfillment of export obligations linked to several Advance Authorizations issued in 2002-2004, involving CIF values totaling approximately 2.93 Crore.

The company plans to respond to these notices based on consultant advice.

Significantly, the company expects no relevant impact on its financial condition or operations from this matter.