IVP Limited Employee Fraud Totals ₹6.13 Crore

IVP Limited discloses completion of a fraud investigation, revealing a total financial impact of ₹6.13 crore from an employee's actions.
The company filed an FIR against sales employee Ravi Ranjan Jha and has made a full provision for the ₹6.13 crore loss in its books.
The fraud involved misrepresentation and falsification of customer documents over a period of time, detected by the company on January 12, 2026.
IVP Limited states the incident has no impact on its regular operations and has made its customer onboarding process more robust.