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Inventurus Knowledge Solutions Penalized by RBI for Regulatory Delays

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Inventurus Knowledge Solutions Penalized by RBI for Regulatory Delays

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Inventurus Knowledge Solutions Limited ( (IN:IKS) ) has issued an update.

Inventurus Knowledge Solutions Limited has announced that the Reserve Bank of India (RBI) issued a compounding order related to delays in compliance with Foreign Exchange Management regulations concerning the transfer of shares by the company’s Employees Welfare Foundation. The order involves a penalty of INR 2,31,929 for the contraventions, but the company states that this will not impact its financial, operational, or other activities.

More about Inventurus Knowledge Solutions Limited

YTD Price Performance: -9.77%

Average Trading Volume: 43,639

Current Market Cap: 292B INR

Learn more about IKS stock on TipRanks’ Stock Analysis page.

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