
Legal20 Apr 2026, 06:21 pm
Raunaq International CMD's Passport Revoked; Appeal Filed
AI Summary
Raunaq International Ltd's Chairman and Managing Director, Mr. Surinder Paul Kanwar, has had his passport revoked by the Regional Passport Office. He has filed an appeal with the Central Passport Office seeking relief and quashing of the revocation order. The company had previously informed the board that Mr. Kanwar's citizenship status determination rests with the Central Government. He has assured the board of his continued fiduciary duties and commitment to transparency, and the company will provide further updates on material developments.
Key Highlights
- CMD's passport revoked by Regional Passport Office.
- CMD has filed an appeal seeking relief and quashing of revocation.
- Company reiterates citizenship status determination rests with Central Government.
- CMD assures continued fiduciary duties and transparency.
Price Impact
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