PVR Inox Clarifies Allegations of ₹200 Cr Kickbacks, No Evidence Found

PVR Inox Limited has issued a clarification to stock exchanges regarding a news item alleging an internal probe into ₹200 crore kickbacks. The company stated that anonymous communications received in April 2026 contained allegations of impropriety by certain employees, without explicitly naming individuals or providing specific details. As a measure of good corporate governance, external experts were engaged for a preliminary assessment. Mr. Pramod Arora resigned in May 2026 due to personal reasons, and his resignation was accepted. The company clarified that Mr. Arora was not asked to leave and the preliminary examination did not indicate any evidence of kickbacks. PVR Inox emphasized its commitment to corporate governance and ethical business practices.