Advik Capital Promoter Receives Enforcement Directorate Order

Advik Capital Ltd has disclosed that its Promoter has received a Provisional Attachment Order from the Directorate of Enforcement. The order relates to proceedings involving foreign entities and SEBI-registered FPIs concerning transactions under examination, including alleged ultimate beneficiaries and third-party predicate offenses. The company states that no predicate offense has been alleged against Advik Capital or its Promoters. The company is examining the matter and pursuing appropriate legal recourse. Advik Capital asserts that its business operations, financial position, customer commitments, and strategic priorities remain unaffected and continue to operate in the normal course.