Advik Capital has informed that pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in continuation of the Company's disclosures dated April 19, 2025 and June 23, 2026, regarding proceedings initiated by the Directorate of Enforcement under the Prevention of Money Laundering Act, 2002 in connection with the examination of transactions involving certain foreign entities/SEBI-registered Foreign Portfolio Investors (FPIs), and their investments in various listed companies, and related matters, the Company has been informed of a further development involving one of its Promoters, Vikas Garg, who has been taken into custody by the Directorate of Enforcement under the applicable provisions of the said Act. The Company is evaluating the aforesaid development in consultation with its legal advisors and shall take such steps as may be considered appropriate in accordance with applicable law. The aforesaid development has no material impact on the Company's business operations, which continue in the ordinary course. The Company shall make such further disclosures as may be required under applicable law. The requisite details required under Regulation 30 of the SEBI (LODR) Regulations, 2015 read with SEBI Master Circular HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated January 30, 2026 are enclosed herewith as an Annexure 1.
The above information is a part of company’s filings submitted to BSE.
