Intimation in accordance with Regulation 30 of the Securities and Exchange Board of India (LODR) Regulation, 2015 regarding officials of Central Bureau of Investigation conducted a seizure ....
RCOM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Central Bureau of Investigation (CBI) officials conducted a seizure operation at the company's office in Navi Mumbai on May 07, 2026. During the operation, CBI seized original minutes of the Risk Management Committee meetings (April 2014 - March 2017) and Audit Committee meetings (April 2012 - March 2017). The seizure was carried out under Case No. RC0742025E0005-CBI/BSFB/Delhi dated 07.05.2026 under the Bhartiya Nagarik Suraksha Sanhita, 2023. The company states operations are continuing normally and no financial impact is expected. The company is already under corporate insolvency resolution process (IBC) since June 2019, with its board powers vested in Resolution Professional Anish Niranjan Nanavaty.
The CBI raid signals ongoing regulatory scrutiny of historical governance records. While management claims no operational impact, the seizure of committee minutes in a company already under insolvency resolution may complicate the resolution process and raise red flags for potential investors.