Cargosol Logistics Acquitted in IPC 406 & 420 Case

Cargosol Logistics Ltd, along with individuals Samuel Muliyil and Roshan Rohira, has received an acquittal order from the Metropolitan Legal Services Authority Lok Adalat in Hyderabad. The case involved alleged violations under Sections 406 and 420 of the Indian Penal Code. The order, dated August 07, 2026, follows an amicable settlement between the parties, as evidenced by an MOU. The company has stated that this development has no material impact on its financial, operational, or other activities.