ALPHA TRIBE

Shradha AI Technologies LtdImportant, 19-08-2025: Company Update

19-08-2025 | 05:06 pm

Shradha AI Technologies Limited's Promoter and Managing Director, Mr. Sunil Raisoni, has resolved a personal legal matter. A Nagpur court case, involving alleged misuse of internet lines and unlicensed wireless equipment, was settled via plea bargaining. Mr. Raisoni received an admonition and was directed to pay 0.0202 Cr as compensation and 0.0067 Cr for litigation costs. Importantly for shareholders, the company clarified that this court order pertains solely to Mr. Raisoni in his personal capacity and does not impact the company's operations or financial standing.

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