REI Agro Ltd. News, Corporate filings and Earnings/Conference Calls

Keep track of all breaking news and updates on REI Agro Ltd. from all sources in a single place.

18 Mar 2022

J&K Bank loan case: Chairman Mushtaq Ahmad Shaikh, 18 others booked

Business Standard

The CBI has booked former J&K Bank chairman Mushtaq Ahmad Shaikh and 18 others for a Rs 800 crore loss to the bank caused due loans to REI Agro, which were issued in violation of guidelines, without tangible security and on fake documents, officials said. In addition to officials of the bank, the Central Bureau of Investigation (CBI) has also booked REI Agro chairman Sanjay Jhunjhunwala, and vice president and managing director Sandeep Jhunjhunwala, they said on Friday. The case was earlier probed by the anti-corruption branch of Jammu and Kashmir and it had found during its preliminary inquiry that loans worth Rs 800 crore were sanctioned to the group on the basis of fake documents between 2011 and 2013 and in violation of guidelines, the officials said. This caused a loss of Rs 800 to the bank, they said. The Mumbai-based Mahim branch of the bank had sanctioned Rs 550 crore of loans while the Vasant Vihar branch in Delhi had sanctioned Rs 139 crore in their favour against the...

REI Agro Ltd.

01 Aug 2019

ED attaches assets of REI Agro worth 481.04 crore in a bank fraud case

Business Line

The Enforcement Directorate (ED) has provisionally attached assets worth 481.04 crores under Prevention of Money Laundering Act, 2002 (PMLA) in the

REI Agro Ltd.

03 Sep 2018, 08:17AM

Boost to insolvency process: NCLT asks ED to use borrower's attached assets linked to fraud

Economic Times

ED had attached Rs 100 crore worth of property of REI Agro, once a prominent rice processing unit, for alleged money laundering. The company could not repay bank loans since 2013

REI Agro Ltd.

03 May 2018, 11:47PM

Insolvency: India Gate basmati rice maker KRBL group eyes REI Agro

Business Standard

The NCLT can order liquidation if a firm fails to bring to the table a resolution plan within six months of admission of the case. This can be extended by another three months

REI Agro Ltd.

22 Feb 2018

Company Update

Clarification sought from Rei Agro Ltd

BSE India

The Exchange has sought clarification from Rei Agro Ltd with respect to news article appearing on The Economic Times - February 21, 2018 titled "ED attaches over Rs 100 crore assets in bank fraud case".The reply is awaited.

REI Agro Ltd.

08 Jan 2018

Company Update

Clarification sought from Rei Agro Ltd

BSE India

The Exchange has sought clarification from Rei Agro Ltd with respect to news article appearing on The Times of India on January 06, 2018 titled "ED arrests MD of rice mill in Rs.3800 cr fraud" The reply is awaited.

REI Agro Ltd.

14 Sep 2017

REI Agro goes in for liquidation

Business Standard

REI Agro claims to have 22 per cent share in the world's basmati rice market

REI Agro Ltd.

11 Jul 2017

Company Update

Clarification sought from Rei Agro Ltd

BSE India

The Exchange has sought clarification from Rei Agro Ltd with respect to news article appearing on paper.livemint.com on July 11, 2017 titled "ED provisionally attaches REI Agro's assets worth Rs411 crore."The reply is awaited.

REI Agro Ltd.

10 Jul 2017

ED attaches Rs 411 crore assets of REI Agro

livemint

The Enforcement Directorate (ED) has attached assets of REI Agro in connection with an alleged Rs3,872 crore bank fraud case against its directors

REI Agro Ltd.

06 Jul 2017

SAST

Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011

BSE India

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Wellington Management Company LLP

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