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Stock Report
Vindhya Telelinks Limited - European Commission imposes CVD on import of Optical Fibre Cables from India
Posted On : 2025-06-12 18:59:30( TIMEZONE : IST )
Vindhya Telelinks Limited has received communication with respect to Implementing Regulation (EU) 2025/1135 issued by the European Commission imposing a definitive Countervailing Duty (CVD) on imports of optical fibre cables originating in India and amending Implementing Regulation (EU) 2024/3014 imposing a definitive anti-dumping duty on imports of optical fibre cables originating in India.
The European Commission vide its Implementing Regulation (EU) 2025/1135 has imposed a definitive Countervailing Duty (CVD) on imports of optical fibre cables originating in India and amending Implementing Regulation (EU) 2024/3014 imposing a definitive anti-dumping duty on imports of optical fibre cables originating in India effective from 12th June, 2025 at 00:00 Hrs.
The CVD of 5.40% of CIF Union border price shall be imposed on the exports of single mode optical fibre cables [made up of one or more individually sheathed fibres, with protective casing, whether or not containing electric conductors, whether or not connectorized, currently classified under CN code ex 8544 70 00 (TARIC codes 8544 70 00 10 and 8544 70 00 91)], by the Company to European Union.
The anti-dumping duty which was earlier determined @ 6.90% of CIF Union border price on the exports of single mode optical fibre cables under TARIC additional code 89CF has now been reduced to 2.90% based upon the representation and submissions made by the Company.
Accordingly, the combined CVD and antidumping duty of 8.30% shall be imposed on the exports of single mode optical fibre cables by the Company to European Union.
Shares of Vindhya Telelinks Limited was last trading in BSE at Rs. 1700.25 as compared to the previous close of Rs. 1737.00. The total number of shares traded during the day was 1554 in over 425 trades.
The stock hit an intraday high of Rs. 1752.60 and intraday low of 1695.00. The net turnover during the day was Rs. 2670951.00.
