Speciality Restaurants Clarifies No Accusation in Provisional Attachment Order

Speciality Restaurants Ltd has issued a clarification regarding a Provisional Attachment Order (PAO) dated September 26, 2026. The company emphasizes that it is not named as an accused in the underlying investigation and no complaint has been filed against it. The PAO concerns certain investors/warrant allottees and funds received from them. Specifically, ₹14,50,09,700, which represents a 25% upfront amount received on convertible warrant allotment, has been forfeited by the company due to non-payment of the remaining 75% by the allottees. This forfeited amount, along with interest, is provisionally attached for 180 days. The attachment is limited to this specific amount and does not affect other company assets. Speciality Restaurants is cooperating with the Directorate of Enforcement and has provided a statement. The company states there is no immediate impact on its operations, other than the restriction on the attached funds, which have been earmarked and are not in use for ordinary business. Material developments will be intimated as required.