Announced Thu, 4 Dec, 2025 · 20:23 IST

DGGI search at Ludhiana office; company deposited Rs 3.5 cr voluntarily

Enforcement RaidRegulatory & Legal View source PDFExplain this filing

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

Price reaction

Awaiting price reaction for this filing.

AI summary

DGGI carried out search proceedings at Deepak Builders Ludhiana corporate office on 3 December 2025, from 6:15 AM to 11:00 PM. The company provided all required documents and clarifications. No order or direction has been received yet, and no violation has been officially alleged. The company voluntarily deposited Rs 3.5 crore through Form DRC-03. Management states there is no material impact on financials, operations, or other activities.

Likely market impact

Tax search concluded without formal order; voluntary Rs 3.5 crore deposit may worry investors short-term, but company claims no material impact.