Infronics Systems Ltd — Important, 31-12-2025: Company Update
31-12-2025 | 09:15 pm
31-12-2025 | 09:15 pm
Infronics Systems Limited has disclosed a criminal complaint and FIR filed against its Directors, promoters, and CFO, stemming from a commercial dispute. Consequently, one of the company’s bank accounts has been debit frozen. The company states there is no material adverse financial or operational impact presently, as the allegations are disputed and were previously identified as a contingent liability in prior financial results. The company is actively reviewing the matter and will pursue legal and procedural steps for relief, including addressing the bank account freeze.
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