The Company has received order for the adjudication filed by the Company
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Justo Realfintech Ltd received an adjudication penalty order from the Registrar of Companies, Mumbai on November 28, 2025 for violation of Section 42(10) of the Companies Act, 2013. The violation relates to failure to keep application money from a private placement offer in a separate scheduled bank account. A penalty of Rs. 2 lakhs has been imposed on the company, and Rs. 1 lakh each on four directors — Puspamitra Das, Vishal Kokadwar, Chirag Mehta, and Priyesh Chheda. The company has described this as a procedural or technical non-compliance from a past period and stated there is no material impact on its financials, operations, or day-to-day business.
The financial penalty is small relative to typical corporate operations and the company states it will not affect business performance. However, this is a regulatory black mark that may concern retail investors regarding past compliance standards and director accountability.