Regulatory29 May 2026, 12:27 am
ED conducts simultaneous raid at Cochin Minerals & Rutile
AI Summary
The Enforcement Directorate (ED), Kochi, conducted simultaneous raids at Cochin Minerals and Rutile Limited's office in Aluva and the residences of senior officials on May 27, 2026. The company confirmed that it and its officials fully cooperated with the ED during the process, providing all requested information. This disclosure follows a previous communication from the company regarding the same event.
Key Highlights
- ED conducted simultaneous raids at company office and officials' residences.
- Raids occurred on May 27, 2026, in Aluva.
- Company and officials fully cooperated with the ED investigation.
- The event may lead to increased scrutiny from investors.
Price Impact
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