ED conducts search, provisionally attaches assets of Hampton Sky Realty and its directors
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Enforcement Directorate (ED) conducted search proceedings at Hampton Sky Realty's Gurugram office from April 17–19, 2026, and at residential premises of former MD Sanjeev Arora and current MD Kavya Arora. The ED alleged FEMA violations (Section 7 read with Regulation 9 of FEMA Export of Goods & Services Regulations, 2015), provisionally attached the company's and both directors' bank accounts, demat accounts, and immovable properties for 180 days, and seized certain files, cell phones, and a laptop. Financial impact is not yet quantifiable. The company says it is cooperating fully and determining its next course of action.
Assets frozen for 180 days, regulatory uncertainty around FEMA compliance; likely negative sentiment and stock price pressure until clarity emerges.