Alpha Tribe

Patel Engineering LimitedImportant, 07-04-2025: Updates

07-04-2025 · 10:38 pm

The Company and two of its officials have received summons from the Central Bureau of Investigation (CBI) related to a FIR concerning allegations under the Prevention of Corruption Act. The Company’s representative and officials appeared in court and obtained bail without any adverse orders against them. The situation is still developing, as no case papers have been received, but the Company emphasizes that its operations remain unaffected and continues to function normally. There are currently no expected financial implications that could materially disrupt its business activities. This development should be monitored closely as the legal proceedings unfold.

No comments yet. Be the first to comment!

All announcements from Patel Engineering Limited