IVP Ltd Updates on Employee Fraud Case, Faces Civil Suit

IVP Ltd has provided an update regarding a fraud case involving a sales employee, Mr. Ravi Ranjan Jha. The company previously intimated the matter through several disclosures. The accused employee has now filed a civil suit against IVP Ltd and its officials in Gautam Budh Nagar, Uttar Pradesh. IVP Ltd believes the claims in the suit are not tenable and intends to defend its interests vigorously through all necessary legal actions. The company will continue to inform the exchange of any further material developments.