Fujiyama Power Systems Seized But Steady: BIS Action Sparks Compliance Spotlight

Fujiyama Power Systems Limited has disclosed to the National Stock Exchange and BSE that BIS officials carried out a search at its Greater Noida facility, citing alleged non-compliance with hallmarking standards under Section 28 of the BIS Act, 2016. Despite the seizure, the company reassured stakeholders that business activities continue as usual.  

Key Highlights  

• BIS search and seizure conducted on March 24, 2026  
• Products worth INR 2.52 crore confiscated  
• Alleged violation of Section 28 of BIS Act, 2016  
• Company operations and financials remain unaffected  
• Legal advice being sought for product release

Sources: Company disclosure to NSE and BSE