With reference to your email dated 23/04/2025 on the subject cited above and in continuation to our Corporate Announcement made on 21/04/2025, we are hereby submitting the revised disclosure ....
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Awaiting price reaction for this filing.
Srestha Finvest Ltd has submitted a revised disclosure to BSE regarding an Enforcement Directorate (ED) search. On April 16, 2025, ED officials visited the company's premises and a director's residence as part of an investigation into third-party entities and transactions — not the company itself. The search was conducted peacefully and concluded with no seizure. The company states there is no material impact on its financials, operations, or other activities. The original disclosure was delayed because the closure report was received on April 17, 2025, followed by Good Friday and a weekend, and was filed on April 21, 2025.
Since the ED action pertains to third-party entities and no seizure was made, the company claims no material impact on operations or finances. However, the news may create short-term uncertainty among retail investors about governance and regulatory scrutiny.