Borosil Renewables Ltd welcomes continuation of CVD on imports of Solar Glass

Borosil Renewables Limited is pleased to announce that the Ministry of Finance (Department of Revenue) has recommended continued imposition of definitive countervailing duty ('CVD') on the imports of solar glass (Textured Tempered Glass) from Malaysia, for a period of five years from the date of publication of the notification issued by the Central Government vide Notification No. 02/2026-Customs (CVD) dated June 02, 2026.

The Company welcomes the imposition of the Countervailing Duty, which addresses the damage caused by dumped and subsidized imports. This measure will not only protect domestic manufacturers but also accelerate investments in expansion of local production, driving exponential growth across India's solar glass industry.

Shares of BOROSIL RENEWABLES LIMITED was last trading in BSE at Rs. 543.10 as compared to the previous close of Rs. 501.45. The total number of shares traded during the day was 470923 in over 10106 trades.

The stock hit an intraday high of Rs. 549.90 and intraday low of 518.00. The net turnover during the day was Rs. 253731349.00.

Source : Equity Bulls

Keywords

BOROSILRENEWABLES INE666D01022 VCD SolarGlass Imports