Nova Iron & Steel Receives Provisional Attachment Order from ED

Nova Iron & Steel Ltd announced it has received a Provisional Attachment Order dated June 25, 2026, from the Directorate of Enforcement (ED), New Delhi. The company is currently reviewing the order and will take appropriate legal steps to protect its interests. While the company believes the order does not materially impact its day-to-day operations, it is evaluating the full implications. The order is related to an ECIR recorded by the ED based on a CBI FIR concerning alleged offenses under the Prevention of Money Laundering Act, 2002, and related acts.