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Skyline Ventures India legal & regulatory announcements

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19:43 IST BSE
Legal & RegulatorySkyline Ventures India Ltd SKILVEN

Skyline Ventures India Legal & Regulatory

Skyline Ventures India Limited filed an FIR against former directors Mr. Prashanth Mitta and Ms. Asha Mitta for alleged fraud involving siphoning of funds and falsification of records. The estimated financial impact is approximately ₹12.23 Crore. The company has also been pushed toward potential insolvency proceedings by connected entities following the rejection of financial statements by shareholders.

Value
₹12.23 Cr