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Incorporated in 1929, IVP Ltd is in the business of Chemical Manufacturing and Distribution
IVP Limited reported that the employee accused in the ongoing fraud case has filed a Writ Petition against the FIR and legal proceedings initiated by the company. IVP Limited is actively pursuing all necessary legal measures to protect its interests and will monitor ongoing developments.
IVP Limited's 97th AGM saw shareholders re-appoint M/s Rajendra & Co. as Statutory Auditors for a second 5-year term. This ensures continuity in audit oversight until the 102nd AGM in 2031.
IVP Limited shareholders approved the re-appointment of Mr. Ranjeev Lodha and Ms. Mala Todarwal as Independent Directors for a second five-year term each, ensuring board continuity.
IVP Limited reported an employee fraud involving ₹1.95 Cr. The company has made full provision for the amount, with no impact on regular operations. An FIR has been filed, and customer onboarding processes are strengthened.
IVP detected employee fraud by a sales executive involving customer record falsification. Financial impact is currently unknown and under investigation. The company is filing a complaint against the employee.