Date: August 18, 2026
Legal / Strategic Disclosures
Background of Legal Matter:
- Refers to earlier intimation dated February 04, 2026 regarding allegations made by 3i Infotech Limited
- 3i Infotech had alleged financial fraud, criminal breach of trust, cheating, and criminal conspiracy
- Allegations related to disinvestment of 3i Consumer Services Limited (now eMudhra Limited) and purported wrongful redemption of preference shares
- 3i Infotech filed complaint with Assistant Commissioner of Police, Economic Offence Wing, Navi Mumbai Police Commissionerate on February 03, 2026
Company's Position:
- Company had strongly denied all allegations in its February 04, 2026 intimation
- Stated allegations are without merit and barred by limitation
- Company indicated intention to contest matter through appropriate legal recourse
Current Development:
- Economic Offence Wing, Navi Mumbai Police Commissionerate conducted inquiry and sought several clarifications and evidences
- Based on preliminary inquiry, Economic Offence Wing has filed and closed the complaint
- Closure comment states: "matter raised in the complaint is not criminal in nature and could be a civil dispute that can be raised with appropriate authorities"
- Company lawyers intimated this development on August 18, 2026
Regulatory Reference:
- Disclosure made under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015