Carnation Industries Promoter Receives Enforcement Directorate Order

Carnation Industries Ltd has been informed by its Promoter about the receipt of 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 itself or its Promoters. Carnation Industries continues normal operations with no impact on its business, financial position, or strategic priorities. The company is examining appropriate legal recourse.