Intimation under Regulation 30 read with sub-para 06 of Para A and sub-para 08 of Para B of Part A of Schedule III to the SEBI (LODR) Regulations, 2015.
OBCL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
An FIR was filed on November 11, 2025 by Mrs. Sonal Manoj Agrawal against 8 individuals including Mr. Ravi Agrawal, Mrs. Priti Agrawal, and others, alleging fraudulent transfer of shares worth approximately Rs. 34 crore among promoter group members. The FIR was lodged at Lakadganj Police Station, Nagpur, Maharashtra. The company clarified it is not a party to the FIR. The matter has been resolved - the High Court of Maharashtra at Nagpur quashed the FIR on January 27, 2026, and the parties have reached a mutual settlement. The company states the share transfers were validly executed through a recognised depository and do not constitute fraud under SEBI regulations.
No financial impact on the company as the FIR was quashed by the High Court and the company was not a party to the dispute. The mutual settlement between the parties involved has concluded the matter.