Update on fraud complaint against eMudhra over past fraudulent transactions

Fraud confirmedRegulatory & Legal View source PDF Explain this filing

3IINFOLTD · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-2.7%Reaction day

₹16.09

prior close

₹15.96

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.5%-2.2% vs market

Computers - Software & Consulting peers, median of 67sector-2.9%+0.3% vs sector

On the reaction day the stock moved 2.2 pts less than Nifty Microcap 250 and 0.3 pts more than its Computers - Software & Consulting peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.1

10m

-0.8

15m

-1.6

30m

-2.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.7-0.5-2.2-2.9+0.3

Next day

-1.9-2.0+0.1-4.1+2.2

-7.2-2.7-4.5-4.7-2.5

-6.8-1.7-5.1-4.3-2.5

-9.8-1.4-8.4-4.6-5.2

-9.6-2.8-6.7-6.2-3.3

-9.9-2.8-7.0-7.4-2.5

15d

-16.4-8.4-8.0-13.2-3.2

-18.6-9.1-9.5-14.0-4.6

+0.6-4.0+4.7-10.6+11.3

+8.8+2.6+6.1-9.3+18.1

UpDownMarket · Nifty Microcap 250Sector · Computers - Software & Consulting peers, median of 67Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

3i Infotech responded to eMudhra's recent disclosures, reaffirming its police complaint filed with the Navi Mumbai EOW over fraudulent disinvestment of 3i Consumer Services (now eMudhra) and wrongful redemption of preference shares. A forensic audit by M/s Shridhar and Associates confirmed the fraud. An independent High-Powered Committee including a former Allahabad High Court judge and a former SEBI Executive Director reviewed the findings and recommended legal action. The current board and management were not in office when the fraudulent transactions occurred. Company has 2,45,470 shareholders as on December 31, 2025.

Likely market impact

Validates 3i Infotech's fraud claims against eMudhra; legal battle continues, keeping stock under near-term overhang.