ED visits Tarc Ltd premises for pre-demerger entity transaction

Enforcement Directorate (ED) officials visited the premises of Tarc Ltd, its promoters, and officers on April 21, 2025. The search was primarily related to a pre-demerged entity for a transaction that occurred prior to 2020. Tarc Ltd clarified that the visit was due to its past association with the pre-demerged entity. The company stated that the search is not material to its current operations and has no impact on its financial position or activities. Tarc Ltd officials provided all necessary information, documents, and clarifications requested by the ED, and no violations or contraventions have been alleged.