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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.5 pts less than Nifty Microcap 250 and 0.3 pts more than its Consumer Electronics peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Calcom Vision Ltd has confirmed that a former employee, Mr. Ashutosh Dubey, fraudulently siphoned off Rs. 2,31,51,412 (about Rs. 2.32 crore) from the company through unauthorized withdrawals into his own and family members' bank accounts. The fraud was committed in multiple tranches during his tenure and was uncovered through a forensic audit by M/s Shanti Prashad & Co. The company has already recovered Rs. 42,53,969 from the total amount and has initiated legal proceedings against the employee. As corrective measures, the company has appointed a new internal auditor, introduced stricter payment policies, and added new safeguards to prevent recurrence. The matter has been reported to the appropriate authorities.
Negative in the short term due to the confirmed fraud and direct financial loss of about Rs. 2.32 crore, though partial recovery of Rs. 42.5 lakh reduces the net hit. Strengthened internal controls and the dismissal of the involved employee may help restore confidence, but investors should monitor legal recovery efforts and any further disclosures.