Eiko Lifesciences Ltd — Important, 18-08-2026: Company Update
18-08-2026 | 06:59 pm
18-08-2026 | 06:59 pm
Eiko LifeSciences has received recovery proceedings from IDBI Bank concerning an alleged corporate guarantee of ₹58 lakhs (0.58 Cr). This claim stems from a historical transaction in 1986 involving the company's former entity. Eiko LifeSciences firmly disputes the alleged claim, stating it has neither admitted nor acknowledged any liability. The company has already initiated appropriate legal steps to address the matter. Management does not foresee any material financial impact on Eiko LifeSciences or its business operations. The company will continue to monitor this situation closely.
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