IVP Limited Regulatory Disclosure Update
Key Development
Mr. Ravi Ranjan Jha, the accused employee in the fraud case, has instituted a civil suit against IVP Limited and certain company officials. The suit has been filed at the court situated in Gautam Budh Nagar, Greater Noida, Uttar Pradesh 201 306.
Company's Position and Response
IVP Limited believes that the claims made in the civil suit are not tenable. The company has stated it will take all necessary legal actions to defend its interests in the matter.
Future Commitments
The company has committed to intimating the Exchange of any further material developments in this matter in a timely manner, in accordance with applicable regulatory requirements.