AWL Agri Business has been penalised ₹2.75 lakh by the Office of the Principal Commissioner of Customs, Ahmedabad, for violations related to the Merchandise Exports from India Scheme (MEIS).
The penalty stems from the misuse of MEIS scrips, which were wrongly availed by the original exporter and subsequently utilised by AWL Agri Business for customs duty payment. The order, dated 27th February 2026, was received by the company on 13th March 2026. AWL Agri Business plans to appeal against the order, asserting that the penalty will not materially impact its financial or operational activities.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).