KIOCL Ltd gets Final Exit order from 100% Export Oriented Unit (EOU) Scheme
Government-backed KIOCL Limited has received the Final Exit Order on 07th August 2025 from the Office of the Development Commissioner, Cochin Special Economic Zone (CSEZ), approving the Company’s exit from the 100% Export Oriented Unit (EOU) Scheme.
KIOCL Ltd gets Final Exit order from 100% Export Oriented Unit (EOU) Scheme
New Delhi: Government-backed KIOCL Limited has received the Final Exit Order on 07th August 2025 from the Office of the Development Commissioner, Cochin Special Economic Zone (CSEZ), approving the Company’s exit from the 100% Export Oriented Unit (EOU) Scheme.
The Export Oriented Units (EOU) scheme is a trade policy designed to boost exports and increase foreign exchange earnings by encouraging the establishment of units that export their entire production. 100% EOU could make limited sales in the Domestic Tariff Area.
The exchange filing stated that disclosure is being made in accordance with the guidelines for determination of materiality as approved by the Board of Directors under Regulation 30(4) of the SEBI (LODR) Regulations, 2015.
Join PSU Connect on WhatsApp now for quick updates! Whatsapp Channel
The approval has been granted subject to compliance with the standard conditions stipulated under Para 6.17 of the Foreign Trade Policy 2023, including settlement of applicable customs/excise duties and taxes, execution of legal undertakings, and other statutory requirements.
Shares of KIOCL Ltd are closed at Rs 337.00, down by 1.61% at BSE.
Read Also : HMEL Enters Indian Fuel Retail Market with Launch of AI-Enabled New Age Energy Station