An update from LG Electronics India Limited ( (IN:LGEINDIA) ) is now available.
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LG Electronics India Limited has clarified that no demand of differential customs duty amounting to approximately Rs 11.92 crore has been raised or confirmed against the company, following a subsequent clarification filed with the stock exchanges on January 20, 2026. The clarification relates to an earlier Regulation 30 disclosure dated January 17, 2026, which referred to an Order-in-Original issued by the Office of the Commissioner of Customs (NS-V), Nhava Sheva. The company stated that, upon further examination and interpretation of the order, it does not result in a confirmed duty demand, and that the clarification has been issued to ensure accurate information is available to stakeholders.
More about LG Electronics India Limited
LG Electronics India Limited operates in the consumer electronics and home appliances industry, offering a wide range of products including televisions, home entertainment systems, home appliances, and related electronic solutions for the Indian market. The company is a key subsidiary of LG Electronics, focusing on manufacturing, importing, and distributing its products across India through both offline and online retail channels.
Average Trading Volume: 89,998
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