Announced Tue, 18 Aug · 20:18 IST
Update on fraud complaint with Economic Offence Wing
3IINFOLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-8.3%1-day move
₹24.36
prior close
₹23.36
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.9-0.9-0.9-0.9-8.3-4.1————————
Up moveDown movePending
AI summary
3i Infotech received a letter from Navi Mumbai Economic Offence Wing on Aug 13, 2026, stating preliminary inquiry found the matter appears civil in nature, not criminal. The case relates to fraudulent disinvestment of 3i Consumer Services (now eMudhra) and wrongful preference share redemption involving over Rs 128 crores between 2010 and 2021. Former MD Venkatraman Srinivasan is among those named. Company is seeking legal advice on next steps.
Likely market impact
Criminal probe path looks closed; civil recovery remains possible. Exposure of over Rs 128 crores plus interest may weigh on sentiment.