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Shah Foods Reports 43% Deviation And ₹4.83 Crore LODR Breach


14 August 2026
Shah Foods Ltd.

Monitoring agency reported a 43% deviation in utilization of the Rs 75.16 crore preferential-issue proceeds. TPTPL made Rs 11.20 crore of incompletely disclosed related-party payments, while Rs 4.83 crore was lent to an NBFC contrary to LODR; auditor utilization figures also do not reconcile. Context: adds to early compliance concerns.


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