Date: 16.06.2026

KMP / Board / Auditor Changes

Not Specified

Dividend Declaration or Non-Declaration

Not Specified

Board Meeting Outcomes

Not Specified

Financial Results

Not Specified

Disinvestment / Strategic Actions

Not Specified

Other Operational / Legal / Strategic Disclosures

Criminal Complaint Details

  • Company filed a comprehensive formal written criminal complaint with Senior Inspector of Police, MIDC Police Station, Andheri East, Mumbai
  • Official copy marked to Joint Commissioner of Police, Economic Offences Wing (EOW), Mumbai
  • Complaint signed by Mr. Kamlesh S. Limbachiya, Director authorized for such matters
  • Purpose: Seek rigorous investigative and preventive intervention against unauthorized third-party perpetrators

Nature of Fraud / Material Event

  • Corporate Identity Theft, Forgery, Criminal Conspiracy, and Passing off
  • Unknown third-party individual(s) have illicitly cloned the company's name, trade name, and built goodwill
  • Used to illegally solicit, mobilize, and misappropriate public investment monies

Modus Operandi

  • Perpetrators set up a proprietary concern/entity under the name "Inventure Growth and Securities" (intentionally omitting "Limited")
  • Operations channeled via Fraudulent Current Account No. 103226900000252 (IFSC: YESB0001032) with Yes Bank Limited, Chembur Branch, Mumbai
  • Fabricated counterfeit documents bearing company's name and corporate title
  • Built false claim of association to deceive retail clients into delivering deposits

Financial Impact Assessment

  • On Investors: Unknown number of retail investors may have suffered monetary losses through fraudulent deposits
  • On Company: No liquidity pool, asset base, or verified corporate bank accounts have been siphoned, breached, or affected
  • Exposure confined strictly to temporary brand protection risks

Legal Provisions Cited

  • Bharatiya Nyaya Sanhita, 2023 (BNS): Sections 318(4) (Cheating), 319 (Cheating by personation), 336 r/w 337 (Forgery), 340 (Using forged document), 316 (Criminal breach of trust), and 61 (Criminal conspiracy) r/w Sections 3(5) and 49
  • Trade Marks Act, 1999: Sections 27(2), 103, and 104 relating to common-law passing-off and dishonest use of false trademarks
  • Companies Act, 2013: Undesirable identical naming parameters
  • Section 12 of the SEBI Act, 1992
  • Banning of Unregulated Deposit Schemes Act, 2019

Company Clarification

  • Company has no association, connection, authorization, agency, employment, partnership, or relationship whatsoever with the accused unknown individuals or the proprietary entity
  • No such person or entity is an employee, director, authorized person, agent, or representative of the organization

Ongoing Actions

  • Company providing all necessary records, exchange registration logs, and administrative files to police and EOW
  • Aim to ensure immediate freezing of fraudulent accounts and quick tracking of illicit money trail
  • Company will provide updates on further developments