Camlin Fine Sciences Limited — Important, 02-05-2025: Fraud/Default/Arrest

Camlin Fine Sciences has announced a board meeting on the financial results for the quarter and half-year. Its wholly owned subsidiary, Britec SA, Guatemala, reported unauthorized transactions worth about Rs. 6.08 Cr caused by the subsidiary’s Finance Manager over several months. The company has made provisions for this loss in its consolidated financials and is pursuing legal action with Guatemalan authorities. There is no impact on Camlin Fine Sciences’ standalone financials. This incident highlights operational risks in the subsidiary and the company’s proactive steps to protect shareholder value.