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Ahlada Engineers Secures Lifting of Machinery Seizure

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Ahlada Engineers Secures Lifting of Machinery Seizure

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Ahlada Engineers Limited ( (IN:AHLADA) ) has issued an update.

Ahlada Engineers Limited announced that the Customs Department has lifted the seizure of machinery related to three EPCG licenses, following an extension granted by the DGFT for the export obligation period. This development indicates no financial or operational impact on the company, as it continues to address compliance issues, including a pending court case regarding the seizure.

More about Ahlada Engineers Limited

Ahlada Engineers Limited operates in the engineering industry, focusing on manufacturing and providing engineering solutions. The company is known for its products and services that cater to various industrial needs, with a market focus on enhancing operational efficiencies and compliance with regulatory standards.

Average Trading Volume: 35,447

Technical Sentiment Signal: Sell

Current Market Cap: 742.7M INR

Find detailed analytics on AHLADA stock on TipRanks’ Stock Analysis page.

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