GMM Pfaudler Limited Receives ₹15 Lakh Penalty from DGFT for Export Control Non-Compliance
Published on: Feb. 18, 2026, 5:22 p.m. | Source: scanx.trade
GMM Pfaudler Limited has received a ₹15 lakh penalty from the Directorate General of Foreign Trade (DGFT) for export control non-compliance during FY21-FY23. The penalty was imposed under Section 11(2) of the Foreign Trade (Development & Regulation) Act, 1992, following the company's voluntary application for regularization. The company has disclosed that this penalty will have no material impact on its financial, operational, or other business activities.
