Please find attached the Update on legal proceeding
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Jungle Camps India has informed the stock exchange about a positive development in a land fraud case the company had reported earlier. After the company filed a police complaint at Police Station Bamitha in Chhatarpur district, the local Judicial Magistrate (JMFC Rajnagar) has taken cognizance of the matter. By an order dated 20th January 2026, the court has directed the freezing of bank accounts of the four accused persons, where the proceeds of the alleged fraud were deposited. The total amount involved is about ₹1.79 crore. The company has stated that the order safeguards its financial interest and has no adverse operational impact, and it will now pursue legal steps to recover these frozen funds.
This is a favourable update for shareholders — a court-ordered freeze on the accused's bank accounts protects the disputed ₹1.79 crore from being withdrawn, strengthening the company's chances of recovery. No operational or financial impact on the company itself has been reported.