Legal4 May 2026, 05:51 pm
J. Kumar MD Summoned by Special Court in SFIO Case
AI Summary
J. Kumar Infraprojects Ltd. announced that its Managing Director, Mr. Kamal Jagdishkumar Gupta, has been summoned by the Special Judge (Sati Niwaran Cases) Jaipur following a complaint filed by the Serious Fraud Investigation Office (SFIO) under Section 439(2) of the Companies Act, 2013. The company states that the matter is at a nascent stage, and they are currently unable to ascertain any financial or operational impact. Mr. Gupta and the company will seek legal advice upon receiving further details and documents. The company has committed to cooperate with regulatory authorities and keep the stock exchanges informed of any material developments.
Key Highlights
- J. Kumar Infraprojects' MD summoned by Jaipur Special Court.
- Summons relates to SFIO complaint under Companies Act Section 439(2).
- Company claims limited information and nascent stage of the matter.
- Financial or operational impact currently unascertainable.
- Company pledges cooperation and will update stock exchanges.