Chavda Infra Limited — Important, 03-12-2024: General Updates

The Income Tax Department conducted a search at Chavda Infra Limited's registered office and the residences of its promoters and CEO, which began on November 29 and concluded on December 3. The company has stated that it fully cooperated with the officials throughout the proceedings, providing necessary clarifications and information. Importantly, the search did not disrupt the company's business operations, which continued as usual. Chavda Infra Limited is committed to fulfilling its legal disclosure obligations as required. Investors should watch closely, as ongoing developments in this matter could impact sentiment and future performance.