Inventure Growth & Securities Limited — Others, 15-05-2025: Action(s) initiated or orders passed

Inventure has announced a board meeting. Its subsidiary, Inventure Merchant Banker Services, faces a temporary ban on new merchant banking assignments following an interim SEBI order over undisclosed fund transfers in Varyaa Creations Ltd’s IPO. The issue stems from alleged transactions linked to the lead manager’s instructions. While this restricts the subsidiary’s merchant banking activities, Inventure’s standalone business and financials remain unaffected. This regulatory scrutiny is important for investors but does not impact the core operations of the listed company.