The Hon''ble High Court has directed to accused to return of Rs.1,34,00,000/- ( Rupees One Crore Thirty Four Lakh Only) to Company within a period of Seven Days. The Court has further directed ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 6.5 pts less than Nifty Microcap 250 and 5.9 pts less than its Hotels & Resorts peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
The Madhya Pradesh High Court has ordered the accused to return Rs. 1.34 Crores to Jungle Camps India within 7 days and directed release of their frozen bank accounts to facilitate the refund. The case stems from a 5.054-hectare land purchase in Chhatarpur district in October 2025 for Rs. 1.79 Crores, where the sellers allegedly concealed a pre-existing legal dispute about the land. The company had filed a police complaint on December 26, 2025, after discovering the fraud during the mutation process. The company will cancel the sale deed upon receiving the payment and is reserving legal rights to recover the remaining ~Rs. 45 Lakhs from other co-accused.
Positive development for shareholders — the company stands to recover Rs. 1.34 Crores (about 75% of the disputed amount) within a week, which management says will be deployed into business operations. However, there is a partial loss of Rs. 45 Lakhs that may take further legal action to recover.