ED conducts search at Navigant Corporate Advisors office
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Awaiting price reaction for this filing.
The Enforcement Directorate (ED) conducted a search and seizure operation at Navigant Corporate Advisors' registered office in Mumbai from Sept 2-3, 2026 under the Prevention of Money Laundering Act. The action relates to verification of valuation reports issued by the company for its clients. The company extended full cooperation to ED officials. No further notice has been served yet. The company states no material impact on operations is currently anticipated and business continues normally.
ED action may create negative sentiment and uncertainty for the stock, though the company claims no material impact on operations.