
Legal21 May 2026, 01:15 pm
Cemindia Projects: Court Discharges Company in Bribery Case
AI Summary
Cemindia Projects Ltd announced that the Court of Special Judge for SPE & ACB Cases, Vijaywada, discharged the company and a former employee from a case alleging an attempt to bribe public servants. The discharge follows a criminal miscellaneous petition filed by the company and the former employee. The information was received by the company on May 20, 2026. The case was initially registered against a former employee and a representative (both no longer with the company).
Key Highlights
- Cemindia Projects and a former employee discharged in bribery case.
- Court granted the criminal miscellaneous petition filed by the company.
- The case was related to alleged offences under the Prevention of Corruption Act.
- The information was received by the company on May 20, 2026.
- No expected financial implications or quantum of claims are applicable.
Price Impact
More from ITDCEM