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Incorporated in 1983, Electrotherm Ltd is inthe business of Engineering & Technologies, Special Steel and Electric Vehicles
Electrotherm and key promoters face a complaint from the Directorate of Enforcement in a financial irregularities case. The company continues to challenge related court actions.
Electrotherm secured the release of a seized car by providing a Rs. 3.20 Cr fixed deposit to the Enforcement Directorate. Previously, Rs. 34.29 Cr in company accounts and Rs. 0.83 Cr (83.18 Lacs) from an executive were frozen.