DCW Limited received a notice from the Thoothukudi District Geology and Mining Office demanding ₹65.5 lakh for delayed monthly returns filing on Ilmenite Ore from April 2022 to March 2023, plus ₹32.5 lakh penalty. The company plans to contest the matter, with no material financial impact expected.
DCW Limited announced receipt of a notice dated September 18, 2025, from the Assistant Director, Department of Geology and Mining, Thoothukudi District, concerning delayed filings of monthly returns on Ilmenite Ore for multiple months between April 2022 and March 2023. The notice, received by the company on November 20, 2025, demands a delayed filing fee amounting to ₹65.5 lakh and an additional penalty of ₹32.5 lakh.
The charge relates specifically to the late submission of required monthly returns for the months of April, June, July, August, September, October, November 2022, and March 2023. Despite the demand, DCW Limited has stated its intent to contest the notice and will submit a formal reply to the concerned authority.
Importantly, the company noted that this matter will not have any material impact on its financial position, operations, or other business activities.
Key Highlights:
- Notice received from Thoothukudi District Geology and Mining Office regarding delayed filings on Ilmenite Ore returns.
- Total demand comprises ₹65.5 lakh as delayed filing fees and ₹32.5 lakh as a penalty.
- Delayed filings cover eight specified months between April 2022 and March 2023.
- DCW Limited plans to contest the notice and will formally respond to the authority.
- No expected material impact on the company’s financials or operations.
Source: Exchange Disclosure, DCW Limited announcement.