Libas Consumer Products Limited — Others, 16-06-2025: Action(s) taken or orders passed

Libas Consumer Products has announced that the NCLT Mumbai dismissed a case of alleged oppression and mismanagement filed by promoter Mrs. Reshma Ganji against the company and its leadership. The tribunal found no evidence of misconduct and confirmed the dispute was personal, not corporate. Mrs. Ganji had already stepped back from daily operations as Managing Director. No penalties or compliance issues arose, removing legal uncertainty and supporting a stable governance outlook for shareholders.