Announced Tue, 16 Jun · 15:26 IST
Fraud alert: Unknown parties misusing company name to cheat investors; police complaint filed
INVENTURE · 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
-2.0%1-day move
₹0.98
prior close
₹0.98
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-2.0+1.0+0.0-2.0-1.0-3.1-7.1-6.1——
Up moveDown movePending
AI summary
Inventure Growth & Securities has filed a criminal complaint with MIDC Police and EOW Mumbai against unknown persons who cloned the company's name (omitting 'Limited') to run a fake proprietary entity and Yes Bank account in Chembur, cheating retail investors. No company funds or accounts are affected; exposure is limited to brand/identity risk. The company is helping police trace the money trail and freeze the fraudulent account.
Likely market impact
No financial hit to the company; risks are reputational. Shareholders may see short-term volatility due to negative publicity, but the firm is acting proactively to protect its brand.