Shreeji Global Faces ₹42.47 Crore Customs Order in 2026

Customs order disclosed to NSE

Shreeji Global FMCG Ltd disclosed that it has received an Order-in-Original from Mundra Customs. The order involves about ₹42.47 crore in duty, penalties and redemption fines, according to the company’s regulatory update filed with the NSE on 28 October 2026. The company, which trades under the symbol SHETHJI, said it plans to challenge the order before the Customs, Excise and Service Tax Appellate Tribunal, or CESTAT. The disclosure places a material customs matter before investors and market participants. It also sets out the monetary components cited in the order. No outcome of the proposed appeal has been disclosed.

Allegation relates to coriander imports

The update linked the customs proceedings to alleged diversion of imported coriander. Mundra Customs issued the order in relation to this allegation, as stated in the company’s update. The available disclosure does not provide further details on the period of imports, the volume involved, or the specific findings underlying the order. It does, however, identify coriander imports as the subject of the matter. Shreeji Global FMCG has not stated in the provided filing that it accepts the allegations. Its stated next step is an appeal before CESTAT.

Components cited in the order

The company’s update cited ₹16.93 crore towards duty and interest. It also referred to a matching penalty of ₹16.93 crore. In addition, the disclosure listed a ₹1 crore penalty and ₹6 crore in redemption fines. Penalties of ₹1.6 crore were cited in relation to directors and key managerial personnel. These components add up broadly to the reported ₹42.47 crore value.

₹75 lakh adjustment noted

The regulatory update also noted that ₹75 lakh had been adjusted. The filing does not specify the basis, timing, or accounting treatment of that adjustment. It also does not separately explain how the adjustment relates to each component of the order. A recent update described the matter as a ₹40.86 crore Mundra Customs duty order, while the legal and regulatory disclosure stated an overall value of about ₹42.47 crore. The detailed items disclosed include amounts relating to the company as well as penalties concerning directors and key managerial personnel. Investors will need to rely on the appeal filing or later disclosures for further clarity on the final amounts under challenge.

Company plans CESTAT appeal

Shreeji Global FMCG said it intends to appeal before CESTAT. CESTAT is the appellate forum named by the company in its disclosure. The filing did not state the date by which the appeal would be submitted. It also did not disclose whether any interim relief would be sought. The company has not provided a projected timeline for the resolution of the proceedings. As a result, the appeal is the confirmed next procedural step currently available from the disclosure.

Why an Order-in-Original matters

An Order-in-Original is an adjudication order issued by the relevant customs authority. In this case, the disclosed order includes duty and interest, a matching penalty, an additional penalty, redemption fines, and amounts related to directors and key managerial personnel. The order therefore extends beyond a single duty component. The company’s decision to appeal means the matter will proceed through the appellate route it has identified. The regulatory filing does not provide any final judicial or appellate conclusion on the allegations.

Financial and market relevance

The ₹42.47 crore figure is the central monetary value disclosed by Shreeji Global FMCG for the customs order. It represents the combined value of the duty, interest, penalties and fines listed in the filing. The disclosure does not state the company’s revenue, profit, cash balance, provisions, or any estimated financial impact from the order. It also does not report a share-price movement connected with the announcement. Accordingly, the available information supports reporting the disclosed order value and appeal plan, but not a quantified effect on earnings or valuation.

Regulatory disclosure timeline

The legal and regulatory update was reported through an NSE filing on 28 October 2026. The available records show the update at 21:44 IST, with another listing at 21:16 IST. The same core disclosure appears more than once in the supplied material. The filing consistently states that Shreeji Global FMCG received an Order-in-Original involving about ₹42.47 crore. It also consistently states that the company plans to appeal before CESTAT.

What investors can monitor next

The next confirmed development to monitor is Shreeji Global FMCG’s proposed appeal before CESTAT. Any future filing could clarify the grounds of appeal, the treatment of the ₹75 lakh adjustment, and whether the company seeks interim relief. Further disclosures may also provide additional detail on the customs authority’s findings and the company’s response. At present, the disclosed facts are limited to the customs order, its stated monetary components, the alleged coriander import diversion, and the planned appeal. The matter remains a legal and regulatory proceeding rather than a concluded appellate case.

Conclusion

Shreeji Global FMCG has disclosed a Mundra Customs Order-in-Original valued at about ₹42.47 crore. The order concerns alleged diversion of coriander imports and includes duty, interest, penalties and redemption fines. The company has said it will appeal before CESTAT. Subsequent exchange filings or appellate proceedings will provide the next confirmed updates on the matter.