ED seizes ₹62.52 crore assets of Farmax India Ltd. under FEMA
ED seizes ₹62.52cr assets of Farmax India, its promoters, directors under FEMA. 23 immovable properties, equity shares, shares of MSR India Ltd attached. Inquiry initiated over alleged fraudulent issuance of GDRs, non-utilisation of proceeds.
The Hindu ·
The Hindu
