Advik Capital Receives Provisional Attachment Order from Enforcement Directorate; Company States Normal Operations Continue
Advik Capital Ltd has stated that it has received a Provisional Attachment Order issued by the Enforcement Directorate. The company confirmed the receipt of this order on June 23, 2026.The order pertains to ongoing proceedings involving certain foreign entities and SEBI-registered FPIs (Foreign Portfolio Investors). These proceedings involve transactions currently under examination by the authorities, including matters related to their alleged ultimate beneficiaries and alleged third party predicate offences.
Advik Capital clarified that no predicate offence has been alleged against the company or its Promoters in connection with these proceedings. The company noted that it is addressing the matter with appropriate recourse as advised, adhering to applicable law.
Regarding the operational stability of the listed entity, Advik Capital stated that business operations continue normally. The company confirmed there is no impact from this development on its financial position, customer commitments, or strategic priorities.
Key details regarding the action taken are summarized below:
| Aspect | Detail |
|---|---|
| Authority | Enforcement Directorate |
| Order Details | Provisional Attachment Order dated June 05, 2026 |
| Date of Receipt | June 23, 2026 |
| Allegations Context | Proceedings involve foreign entities/SEBI-registered FPIs concerning transactions and alleged third party predicate offences. |
| Business Impact | No impact on operations, financial position, or strategic priorities. |
Stock Price Movement
Advik Capital Ltd ticked down to ₹1.30 at the close of trade today, recording a 0.76% decline. Throughout the session, shares traded within an intraday range spanning from the low of ₹1.30 up to the high of ₹1.34.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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